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Revisions
3 Months Ended
Dec. 31, 2012
Revisions  
Revisions

Note K — Revisions

 

The Company also made revisions to the fiscal 2012 financial statements to properly report shipping and handling fees and related costs. The revisions are shown below but they had no impact on amounts previously reported for income (loss) from operations, income (loss) before income taxes, and net income (loss).

 

 

 

As Previously
Reported

 

Revision

 

As
Reported

 

 

 

 

 

 

 

 

 

For three months ended December 31, 2011

 

 

 

 

 

 

 

Net Sales

 

$

13,845,666

 

$

126,941

 

$

13,972,607

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Goods Sold

 

6,877,193

 

(15,725

)

6,861,468

 

 

 

 

 

 

 

 

 

Marketing and Selling

 

4,504,120

 

142,666

 

4,646,786