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Property, Plant and Equipment
12 Months Ended
Nov. 04, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 7 Property, Plant and Equipment

Property, plant and equipment, along with their estimated useful lives and related accumulated depreciation are summarized as follows:

 

 

Range of Lives in Years

 

November 4, 2023

 

 

November 5, 2022

 

Land

 

-

 

$

4,872,382

 

 

$

4,872,382

 

Land improvements

 

10-20

 

 

1,253,025

 

 

 

1,253,025

 

Buildings and improvements

 

15-40

 

 

2,584,852

 

 

 

2,584,852

 

Machinery and equipment

 

3-10

 

 

1,064,827

 

 

 

1,059,377

 

Furniture and fixtures

 

3-10

 

 

301,889

 

 

 

301,889

 

Construction in progress

 

-

 

 

1,713,901

 

 

 

1,212,558

 

 

 

 

 

11,790,876

 

 

 

11,284,083

 

Less accumulated depreciation

 

 

 

 

(3,521,900

)

 

 

(3,368,388

)

 

 

 

$

8,268,976

 

 

$

7,915,695

 

 

Depreciation expenses during the years ended November 4, 2023 and November 5, 2022 totaled $153,512 and $169,661, respectively.