XML 27 R7.htm IDEA: XBRL DOCUMENT

Note 2 - Inventories

3 Months Ended

Nov. 24, 2013

2.	INVENTORIES

Inventories consist primarily of raw material, work-in-progress (WIP) and finished goods and are valued at the lower of cost or market value:

	November 24,		August 25,
	2013		2013

Raw material	$	1,373,418	$	1,606,358
WIP		1,233,323		993,177
Finished goods		762,605		679,971
	$	3,369,346	$	3,279,506

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details