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2. INVENTORIES (Sept. 2018 Note)

3 Months Ended

Sep. 30, 2018

Inventory Disclosure [Abstract]

INVENTORIES

2. INVENTORIES

Inventories are stated at the lower of cost (first-in, first-out) or market and consisted of the following:

		September 30, 2018				June 30, 2018
Raw Materials		$	530,079			$	500,908
Work-In-Progress			371,282				434,536
Finished Goods			212,257				208,624
Total Inventories		$	1,113,618			$	1,144,068

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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