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Inventory, Net

12 Months Ended

Sep. 30, 2018

Inventory Disclosure [Abstract]

Inventory, Net

NOTE 7 – INVENTORY, NET

Inventory, net of reserves, consist of the following:

		September 30,				September 30,
		2018				2017
Raw materials		$	8,654,497			$	10,653,963
Work in progress			1,412,828				2,600,229
Finished goods			2,298,081				4,428,791
			12,365,406				17,682,983
Less: Allowance for inventory obsolescence			(1,010,948	)			(411,101	)
Inventory –net of allowance for inventory obsolescence		$	11,354,458			$	17,271,882

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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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