Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.22.0.1
INVENTORY
3 Months Ended
Jan. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 5 – INVENTORY

 

Inventory is stated at the lower of cost (First in, First Out method) or net realizable value. Inventory consisted of the following components:

    January 31,     October 31,  
    2022     2021  
             
Raw materials and parts   $ 7,926,535     $ 7,525,419  
Work in progress     793,246       919,619  
Finished goods     2,440,017       2,246,139  
Total Inventory   $ 11,159,798     $ 10,691,177