(1) Basis of Presentation and Summary of Significant Accounting Policies: (d) Inventories (Policies)

12 Months Ended

Jun. 30, 2017

Policies

(d) Inventories

(d)     Inventories

Finished goods inventories are stated at the lower of standard cost, which approximates actual cost using the first-in, first-out method, or net realizable value. Raw materials are stated at the lower of cost (first in, first out method) or net realizable value. The Company periodically reviews the value of items in inventory and records write-downs or write-offs based on its assessment of slow moving or obsolete inventory. The Company maintains a reserve for obsolete inventory and generally makes inventory value adjustments against the reserve. .