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Inventories
9 Months Ended
Jun. 30, 2012
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

Note 2 - Inventories

 

Inventories are stated at the lower of average cost or market. Cost is determined using the first-in, first-out (FIFO) method. Inventories consist of raw materials, work-in-process and finished goods. The Company evaluates inventory levels and expected usage on a periodic basis and records, as a charge to cost of revenue, any amounts required to reduce the carrying value to net realizable value.

 

Inventories, net of reserves, consisted of the following:

 

    June 30,     September 30,  
    2012     2011  
Raw Materials   $ 1,991,047     $ 2,149,401  
Work-in-Process     550,366       757,709  
Finished Goods     609,842       343,429  
    $ 3,151,255     $ 3,250,539