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Inventories
9 Months Ended
Sep. 30, 2016
Inventories  
Inventories

3.Inventories

 

The major components of inventories are as follows:

 

 

 

 

 

 

 

 

 

 

    

Sep 30, 2016

    

Dec 31, 2015

 

 

 

 

 

 

 

 

 

Raw materials

 

$

1,606,841

 

$

1,640,098

 

Work-in-progress

 

 

364,879

 

 

375,229

 

Finished goods

 

 

1,255,502

 

 

1,336,707

 

Reduction to LIFO cost

 

 

(1,148,089)

 

 

(1,232,229)

 

 

 

 

 

 

 

 

 

Total Inventories

 

$

2,079,133

 

$

2,119,805