What would the amount be

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Reference no: EM133113410

Question - Use the information below to answer the questions below.

 

Year 2

Year 1

Total Inventories FIFO

14,275

16,362

LIFO allowance

(1,233)

(1,423)

Total inventories, less allowances

13,042

14,939

Required - If inventories were reported at current cost in year 2, what would the amount be? Answer should only be numbers (i.e., 10,000 is 10000).

Reference no: EM133113410

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