XML 15 R12.htm IDEA: XBRL DOCUMENT

Inventories

3 Months Ended

Jun. 30, 2011

7.	Inventories

		June 30,			December 31,
		2011			2010
		(Unaudited)

Raw materials	$	3,617,077		$	3,065,946
Work-in-progress		7,726,378			10,658,253
Finished goods		180,934			-

		11,524,389			13,724,199
Allowance for obsolete inventories		(18,876	)		(18,509	)

	$	11,505,513		$	13,705,690

No further allowance for obsolete inventories was recognized during the six months ended June 30, 2011 and 2010.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details