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INVENTORIES
9 Months Ended
Sep. 30, 2021
INVENTORIES  
INVENTORIES

NOTE 9 — INVENTORIES

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

    

    

September 30, 2021

    

December 31, 2020

Raw materials

$

141,006

$

111,888

Work-in-process

 

99,505

 

60,341

Finished goods

 

283,922

 

209,029

Total

$

524,433

$

381,258

At September 30, 2021 and December 31, 2020, approximately 35% of total inventories were valued using the last-in, first-out ("LIFO") method. The excess of current cost over LIFO cost was $99,817 and $75,581 at September 30, 2021 and December 31, 2020, respectively.