Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.2.0.727
Inventories
3 Months Ended
Jul. 31, 2015
Inventory Disclosure [Abstract]  
Inventories

(5) Inventories

 

Inventories are valued at the lower of cost or market, with costs determined by the first-in, first-out method. Inventories at July 31, 2015 and April 30, 2015 consist of the following categories:

 

    July 31,
2015
    April 30,
2015
 
Raw materials   $ 941,000     $ 911,000  
Work in process     49,000       2,000  
Finished goods     875,000       1,176,000  
    $ 1,865,000     $ 2,089,000