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Note 5 - Inventories

6 Months Ended

Mar. 31, 2015

5. INVENTORIES

Inventories consisted of the following:

	March 31,			September 30,
	2015			2014
Raw materials	$	4,130,283		$	3,462,869
Finished goods		707,927			634,246
Work in process		101,063			153,107
Inventories, gross		4,939,273			4,250,222
Reserve for obsolescence		(377,395	)		(354,486	)
Inventories, net	$	4,561,878		$	3,895,736

- 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.

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