Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.7.0.1
INVENTORIES
6 Months Ended
Jun. 30, 2017
Inventory Disclosure [Abstract]  
Inventories
INVENTORIES
Inventories are stated at the lower of cost or net realizable value. Cost is determined by either specific identification or weighted average methods. The components of inventories are as follows:
 
Jun 30, 2017
 
Dec 31, 2016
Raw materials
$
34,100,752

 
$
31,973,073

Work-in-process
10,055,181

 
9,897,857

Finished goods
27,130,286

 
18,928,579

 
$
71,286,219

 
$
60,799,509