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Note 3 - Inventory
3 Months Ended
Jun. 30, 2016
Notes  
Note 3 - Inventory

NOTE 3 - INVENTORY

 

Inventory consists of finished goods, work-in-process, packaging materials, and raw materials. No allowance for inventory was made for the three months ended June 30, 2016 and 2015.

 

The components of inventories as of June 30, 2016 and March 31, 2016 were as follows:

 

 

 

June 30,

 

 

March 31, 

 2016

2016

Raw materials

 

$

682,123

 

 

$

998,342

Packaging materials

 

 

522,376

 

 

 

145,860

Work-in-process

 

 

238,234

 

 

 

639,342

Finished goods

 

 

798,511

 

 

 

503,768

Total Inventories

 

$

2,241,244

 

 

$

2,287,312