Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.20.4
Inventory
3 Months Ended
Jan. 31, 2021
Inventory Disclosure [Abstract]  
Inventory

NOTE 5 – INVENTORY

 

Inventory is stated at the lower of cost (weighted average method) or net realizable value. Inventory consisted of the following components:

 

    January 31,     October 31,  
Inventory   2021     2020  
             
Raw materials and parts   $ 7,793,487     $ 7,322,688  
Work in progress     1,034,423       698,756  
Finished goods     1,167,809       1,120,829  
Total Inventory   $ 9,995,719     $ 9,142,273