1. In applying the LCNRV rule, the inventory of surgical equipment would be valued at:

A) $230

B) $240

C) $170

D) $152

cdn.inst-fs-iad-prod.inscloudgate.net DTV HVIT u mom VUIT Multiple Choice: Select the best answer and place it on the line next to the question nur Use the following to answer questions 1 through 4: Data related to the inventories of Noel Medical Supply Company is presented below. The company applies lower of cost or net realizable value (LCNRV) and lower of cost or market (LCM) on an item by item basis. Selling price Cost Replacement cost Disposal cost Normal profit margin Surgical Equipment $ 260 $ 170 $ 240 $ 30 $ 78 Surgical Supplies $ 120 $ 90 $ 80 $ 5. $ 36 Rehab Equipment $ 340 $ 250 $ 210 $ 25 $ 102 Rehab Supplies $ 165 $ 162 $ 158 $ 10 $ 33 A A A In online the ICMR mule the inuontofaurinologuinmont would be