Inventories

6 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Inventories

Inventories for financial statement purposes are based on perpetual inventory records at December 31, 2011 and based on a physical count as of June 30, 2011. Components of inventory are as follows:

	December 31, 2011		June 30, 2011
Raw Materials	$	1,139,900	$	1,051,300
Work in process		613,900		408,200
Finished Goods		201,600		180,300
	$	1,955,400	$	1,639,800