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Product Warranties (Tables)

12 Months Ended

Oct. 31, 2013

Product Warranties Disclosures [Abstract]

Schedule Of Changes In Accrual For Product Warranties

The following table summarizes the changes in the Company’s accrual for product warranties during the fiscal years ended October 31, 2013 and 2012:

	Years ended October 31,
	2013				2012
Balance at beginning of year	$	250,000			$	175,000
Liabilities accrued for warranties issued during the year	385,272				411,381
Warranty claims paid during the period	(284,969		)		(273,947		)
Changes in liability for pre-existing warranties during the year	(160,303		)		(62,434		)
Balance at end of year	$	190,000			$	250,000

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- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

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