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Inventories
3 Months Ended
Dec. 31, 2012
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

Note 3 - 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, consists of the following:

 

  December 31,  September 30, 
  2012  2012 
Raw Materials $2,334,613  $2,096,681 
Work-in-Process  689,134   885,328 
Finished Goods  526,963   289,691 
  $3,550,710  $3,271,700