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INVENTORIES
6 Months Ended
Jun. 30, 2021
INVENTORIES  
INVENTORIES

NOTE 9 — INVENTORIES

Inventories in the Condensed Consolidated Balance Sheets are comprised of the following components:

    

    

June 30, 2021

    

December 31, 2020

Raw materials

$

125,080

$

111,888

Work-in-process

 

91,899

 

60,341

Finished goods

 

260,698

 

209,029

Total

$

477,677

$

381,258

At June 30, 2021 and December 31, 2020, approximately 35% and 35%, respectively, of total inventories were valued using the last-in, first-out ("LIFO") method. The excess of current cost over LIFO cost was $88,909 and $75,581 at June 30, 2021 and December 31, 2020, respectively.