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INVENTORY

12 Months Ended

Dec. 31, 2014

NOTE 4 – INVENTORY

At December 31, inventory consists of the following:

	12/31/2014		12/31/2013
Raw materials	$	20,931	$	27,575
Packaging		5,023		8,178
Work-in-process		1,777		33,527
Finished goods		681,298		475,255

	$	709,029	$	544,535

- 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.

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