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Inventories and major vendors
12 Months Ended
Oct. 31, 2012
Inventory Disclosure [Abstract]  
Inventories and major vendors

Note 3 - Inventories and major vendors

 

Inventories consist of the following as of October 31:

 

    2012     2011  
             
Raw materials and supplies   $ 2,518,937     $ 2,023,108  
Work in process     2,863       5,425  
Finished goods     4,630,174       4,309,914  
Less inventory reserve     (167,428 )     (148,846 )
                 
Totals   $ 6,984,546     $ 6,189,601  

 

Inventory purchases of products from two major vendors represented 20% and 14% of total inventory purchases in 2012, while purchases of connector products from two major vendors represented 22% and 13% of total inventory purchases in 2011. The Company has arrangements with these vendors to purchase product based on purchase orders periodically issued by the Company.