A. What amount of ending inventory would be reported in the most recent year if the company only used FIFO?

B. What is the COGS reported by the company for the most recent year?

C. What is COGS if the company used only FIFO for both recent year and previous year?

D. Why did management choose LIFO for certain of inventories?

2016 2017 3,843 4,397 Raw materials, work-in-process, and supplies Finished products Total inventories under FIFO LIFO adjustment 5,943 9,786 (888) 6,779 11,176 (899) 10,277 Total inventories 8,898$