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Warranty Accrual
12 Months Ended
Jun. 30, 2012
Warranty Accrual [Abstract]  
WARRANTY ACCRUAL

NOTE 6 – WARRANTY ACCRUAL

Information regarding the accrual for warranty costs for the years ended June 30, 2012 and 2011 is as follows:

 

                 
    2012     2011  

Balance at beginning of year

  $ 688,000     $ 676,000  

Accruals during the year

    486,000       627,000  

Changes in estimates of prior period accruals

    290,000       64,000  

Warranty expenditures

    (938,000     (679,000
   

 

 

   

 

 

 
     

Balance at end of year

  $ 526,000     $ 688,000  
   

 

 

   

 

 

 

Warranty expense from continuing operations was $776,000 and $691,000 for the fiscal years ended June 30, 2012 and 2011, respectively.