Contracts in Process

12 Months Ended

Jun. 30, 2020

Contractors [Abstract]

Contracts in Process

Note 5. Contracts in Process

Contracts in process at June 30, 2020 and 2019 are as follows:

	2020		2019
Unrecognized gross contract value	$	54,929,249	$	45,552,562
Costs related to contracts in process	$	12,115,756	$	11,069,558

Included in costs relating to contracts in process at June 30, 2020 and 2019 are costs of $1,716,176 and $2,740,804, respectively, relative to contracts that may not be completed within the ensuing year. Under the units-of-delivery method, the related sale and cost of sales will not be reflected in the statements of comprehensive income until the units under contract are shipped.