XML 38 R11.htm IDEA: XBRL DOCUMENT

Property, Plant, and Equipment

12 Months Ended

Oct. 31, 2014

Property, Plant and Equipment [Abstract]

(5) Property, Plant, and Equipment

The following is a summary of property, plant, and equipment, at cost, less accumulated depreciation and amortization:

	2014	2013
Land	$ 82,304	$ 82,304
Building and Improvements	1,078,950	1,074,636
Machinery and Equipment	1,980,778	1,884,754
Vehicles	101,121	54,866
	3,243,153	3,096,560
Less accumulated depreciation	2,115,740	1,972,631
	$ 1,127,413	$ 1,123,929

Depreciation expense was $143,109 and $129,617 during the years ended October 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details