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Inventories
9 Months Ended 12 Months Ended
Mar. 31, 2021
Jun. 30, 2020
Inventory Disclosure [Abstract]    
Inventories

Inventories are valued at the lower of cost (determined on a first-in, first-out basis) or net realizable value, and have been reduced by an allowance for excess and obsolete inventories. The estimate is based on managements review of inventories on hand compared to estimated future usage and sales. Cost of work-in-process and finished goods inventories include material, labor, and manufacturing overhead.

 

   

March 31, 2021

 

   

June 30, 2020

 

 

Raw materials

 

  $ 2,191,200     $ 1,726,400  

Work-in-process

 

    74,100       35,700  

Finished goods

 

    619,900       778,900  
                 
    $ 2,885,200     $ 2,541,000  

 

   2020  2019
       
Raw materials  $1,726,400   $1,597,100 
Work-in-process   35,700    77,700 
Finished goods   778,900    708,800 
           
   $2,541,000   $2,383,600