Note 5. Inventories: Inventories Consisted of The Following (Details) (USD $)	Dec. 31, 2012	Jun. 30, 2012
Raw Materials	$ 2,345,512	$ 2,401,676
Finished Goods	4,037,308	3,989,920
Inventory Reserves	(290,113)	(292,999)
Inventories, net	$ 6,092,707	$ 6,098,597

The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

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+ Details