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Note 7 - Inventories

9 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Inventory Disclosure [Text Block]

7

. INVENTORIES

Inventories consisted of the following:

		June 30, 2018				September 30, 2017
Raw materials		$	5,119,720			$	3,784,935
Finished goods			456,899				1,742,960
Work in progress			338,506				147,871
Inventories, gross			5,915,125				5,675,766
Reserve for obsolescence			(510,507	)			(418,532	)
Inventories, net		$	5,404,618			$	5,257,234

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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