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Note 6 - Inventories

3 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Inventory Disclosure [Text Block]

6

.

INVENTORIES

Inventories consisted of the following:

		December 31,				September 30,
		2018				2018
Raw materials		$	6,674,524			$	4,487,273
Finished goods			2,232,627				1,768,544
Work in process			253,486				875,417
Inventories, gross			9,160,637				7,131,234
Reserve for obsolescence			(451,905	)			(397,051	)
Inventories, net		$	8,708,732			$	6,734,183

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- References

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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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