Winnebago industries, inc. is a leading manufacturer of motor homes. suppose winnebago reported ending inventory at august 29, 2017, of $46,850,000 under the lifo inventory method. in the notes to its financial statements, assume winnebago reported a lifo reserve of $30,346,000 at august 29, 2017. what would winnebago industries' ending inventory have been if it had used fifo?

Winnebago Industries' ending inventory have been if it had used FIFO is $77,196,000

Explanation:

The computation of the ending inventory under FIFO method is shown below:

= Ending inventory under LIFO inventory method  + LIFO reserve

= $46,850,000 + $30,346,000

= $77,196,000

For determining the ending inventory under the FIFO method, we added the ending inventory under the LIFO method and LIFO reserve so that accurate value can come.

answer; (c) communism and socialism;

the correct answer is:     [c]:     " cyclical unemployment " .