XML 19 R7.htm IDEA: XBRL DOCUMENT

Inventories

3 Months Ended

Nov. 30, 2011

Note 2. Inventories

Inventories consisted of the following:

	November 30, 2011			August 31, 2011

Parts and supplies	$	1,270,408		$	1,248,534
Work-in-process		948,389			1,110,362
Finished goods		344,472			147,318
Reserve for obsolete inventory		(100,000	)		(100,000	)

Inventories, net	$	2,463,269		$	2,406,214

- 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