Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.5.0.2
INVENTORIES
 9 Months Ended
Sep. 30, 2016
Inventory Disclosure [Abstract]  
Inventories
INVENTORIES
Inventories are stated at the lower of cost or market. Cost is determined by either standard or specific identification methods. The components of inventories are as follows:
 
Sep 30, 2016
 
Dec 31, 2015
Raw materials
$
33,222,985

 
$
34,821,694

Work-in-process
6,412,464

 
5,096,515

Finished goods
19,521,460

 
23,897,426

 
$
59,156,909

 
$
63,815,635