General form of registration statement for all companies including face-amount certificate companies

Inventory (Tables)

v2.4.0.8
Inventory (Tables)
12 Months Ended
Dec. 31, 2012
Inventory Disclosure [Abstract]  
Summary of Inventory
Inventories at December 31, 2012 and 2011 consisted of the following:
  
 
 
2012
 
2011
 
Gross raw materials
 
$
3,574,620
 
$
2,701,496
 
Less - reserves
 
 
(332,000)
 
 
(358,800)
 
Net raw materials
 
 
3,242,620
 
 
2,342,696
 
Work-in-process
 
 
114,002
 
 
119,640
 
Finished goods
 
 
 
 
106,650
 
 
 
$
3,356,622
 
$
2,568,986