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2-Balance Sheet Details
12 Months Ended
Dec. 31, 2013
Notes  
2-Balance Sheet Details

2—Balance Sheet Details

 

 

December 31,

2013

December 31,

2012

Inventories:

 

 

  Raw materials……………………………….

$ 2,130,718

$ 2,009,691

  Work in process……………………………..

   1,507,755

   1,869,830

  Finished goods………………………………

  1,806,315

   1,606,851

 

5,444,788

5,486,372

  Valuation reserves………………………….

      564,000

      550,000

 

$ 4,880,788

$ 4,936,372

 

                                            

 

 

December 31,

2013

December 31,

2012

Property, Plant and Equipment, net:

 

 

Land

$ 923,587

$ 923,587

Land Improvements

314,563

314,563

Buildings and improvements……………….

6,438,022

6,244,064

Machinery and equipment and other

31,806,103

29,495,765

 

39,482,275

36,977,979

Accumulated depreciation…………………..

29,073,155

28,900,113

 

$10,409,120

$ 8,077,866

 

 

 

December 31,

2013

December 31,

2012

Other Accrued Expenses:

 

 

  Profit sharing plan contribution……………….

$ 391,945

$   278,080

  Property taxes………………………………….

91,957

91,547

  All other items ………………………………….

125,944

90,618

 

$   609,846

$   460,245