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INVENTORIES
9 Months Ended
Jun. 23, 2012
INVENTORIES  
INVENTORIES

B.            INVENTORIES

 

Inventories are valued at the lower of cost or market.  Cost is determined using the last-in, first-out (LIFO) method for approximately 56% and 53% of the Company’s inventories at June 23, 2012 and September 24, 2011, respectively.  Other inventories, primarily in the specialty publishing segment, are determined on a first-in, first-out (FIFO) basis.  Inventories consisted of the following:

 

 

 

(000’s Omitted)

 

 

 

June 23,
2012

 

September 24,
2011

 

Raw materials

 

$

4,824

 

$

5,574

 

Work in process

 

9,218

 

8,698

 

Finished goods

 

25,056

 

25,081

 

Total

 

$

39,098

 

$

39,353