Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
9 Months Ended
Jul. 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:

 

    July 31,     October 31,  
    2021     2020  
             
Raw materials and parts   $ 8,559,182     $ 7,322,688  
Work in progress     674,166       698,756  
Finished goods     1,597,470       1,120,829  
Total Inventory   $ 10,830,818     $ 9,142,273