Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.5.0.2
INVENTORIES (Tables)
 9 Months Ended
Sep. 30, 2016
Inventory Disclosure [Abstract]  
Schedule of components of 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