Note 4 - Inventories

6 Months Ended

Apr. 01, 2017

Notes to Financial Statements

Inventory Disclosure [Text Block]

4.

   INVENTORIES

	April 1,			October 1,
	2017			2016
Raw materials	$	5,845,272		$	5,476,393
Work in process		397,188			678,753
Finished goods		1,642,315			1,807,296
Reserve for obsolescence		(514,000	)		(525,000	)
Inventories, net	$	7,370,775		$	7,437,442

At the beginning of the

second

quarter of fiscal

2017,

we prospectively adopted FASB Accounting Standards Update

2015

-

11,

"Inventory (Topic

330)"

which simplifies the measurement of inventory by measuring inventory at the lower of cost and net realizable value.  The adoption did not result in an adjustment in the

second

quarter of fiscal

2017.

  As required by the standard, prior periods were not retrospectively adjusted.