Inventories

12 Months Ended

Sep. 30, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories at September 30 consist of:

	2021		2020
Raw materials and supplies	$	4,111	$	6,548
Work-in-process	3,560		3,786
Finished goods	4,875		5,235
Total inventories	$	12,546	$	15,569

If the FIFO method had been used for the entire Company, inventories would have been $9,210 and $8,286 higher than reported at September 30, 2021 and 2020, respectively. LIFO expense was $924 in fiscal 2021 and a LIFO benefit was $10 in fiscal 2020.

In fiscal 2021, results showed a reduction of inventory resulting in liquidations of LIFO inventory quantities. The estimated liquidation of LIFO inventory quantities results in a projected increase in cost of goods sold of approximately $156 during fiscal 2021. These inventories were carried in prior periods at the then prevailing costs, which were accurate at the time, but differ from the current manufacturing cost and/or material costs.