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2 Significant Accounting Policies: Inventories, Net (Policies)
12 Months Ended
Jun. 30, 2015
Policies  
Inventories, Net

Inventories, net

 

Inventories are stated at the lower of cost, determined using the weighted average cost method, and net realizable value. Net realizable value is the estimated selling price, in the ordinary course of business, less estimated costs to complete and dispose. The Company charged $108,601 against allowance for obsolete inventory during the year ended June 30, 2015. The Company wrote-off $83,454 of obsolete inventory during the years ended June 30, 2014. For the years ended June 30, 2015 and 2014, the Company’s allowance for obsolete inventory is $633,948 and $471,487, respectively.