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Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29. 2022, of $46,239,000 under the LIFO inventory
Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29. 2022, of $46,239,000 under the LIFO inventory method. In the notes to its financial statements, assume Winnebago reported a LIFO reserve of $31,563,000 at August 29, 2022. What would Winnebago Industries' ending inventory have been if it had used FIFO? 2022 ending inventory assuming FIFO $
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