Note 6 - Inventories

12 Months Ended

Sep. 29, 2018

Notes to Financial Statements

Inventory Disclosure [Text Block]

(

6

) Inventories

Inventories consist of the following:

		September 29, 2018		September 30, 2017
Finished goods	$	-	$	20,759
Work in process		356,278		383,216
Raw materials and supplies		1,012,418		954,369
Total inventories	$	1,368,696	$	1,358,344

As a result of changes in the market for certain Company products and the resulting excess quantities, carrying amounts for those inventories were reduced by approximately

$184,000

and

$461,000

during the fiscal years ended

September 29, 2018

and

September 30, 2017,

respectively. These inventory write-downs have been reflected in cost of goods sold in the statements of operations. Management believes that these reductions properly reflect inventory at lower of cost or net realizable value, and

no

additional losses will be incurred upon disposition of the excess quantities. While it is at least reasonably possible that the estimate will change materially in the near term,

no

estimate can be made of the range of additional loss that is at least possible.