Note 5 - Property, Plant, and Equipment

12 Months Ended

Nov. 30, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(5) Property, Plant, and Equipment

Major classes of property, plant, and equipment are:

	November 30, 2022			November 30, 2021
Land	$	220,503		$	220,503
Buildings and improvements		8,235,981			7,460,698
Construction in Progress		357,644			160,353
Manufacturing machinery and equipment		11,721,908			11,286,411
Trucks and automobiles		567,563			510,986
Furniture and fixtures		115,059			115,059
		21,218,658			19,754,010
Less accumulated depreciation		(15,039,741	)		(14,516,682	)
Property, plant and equipment	$	6,178,917		$	5,237,328

Depreciation and amortization expense totaled $807,163 and $613,409 for the 2022 and 2021 fiscal years, respectively. These totals include amortization of right-of-use assets on finance leases as discussed in Note 1 “Summary of Significant Accounting Policies” section (h) “Leases” above.