General form of registration statement for all companies including face-amount certificate companies

INVENTORY (Tables)

v3.22.1
INVENTORY (Tables)
9 Months Ended 12 Months Ended
Feb. 28, 2022
May 31, 2021
Inventory Disclosure [Abstract]    
Schedule of Inventory, Current [Table Text Block]

Inventory, consisting of material, overhead, labor, and manufacturing overhead, is stated at the lower of cost (first-in, first-out) or market, and consists of the following:

 

   

February 28,

   

May 31,

 
   

2022

   

2021

 

Raw materials

  $ 427,198     $ 344,085  

Finished goods

    1,915,410       883,967  

Total

  $ 2,342,608     $ 1,228,052  

 

Inventory, consisting of material, overhead, labor, and manufacturing overhead, is stated at the lower of cost (first-in, first-out) or market, and consists of the following:

 

   

May 31,

   

May 31,

 
   

2021

   

2020

 

Raw materials

  $ 344,085     $ 134,697  

Finished goods

    883,967       440,545  

Total

  $ 1,228,052     $ 575,242