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16 Data related to the inventories of Costco Medical Supply are presented below. Selling price Cost Costs to sell Surgical Equipment $280 164 19 Surgical

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16 Data related to the inventories of Costco Medical Supply are presented below. Selling price Cost Costs to sell Surgical Equipment $280 164 19 Surgical Supplies $135 90 13 Rehab Equipment $329 282 21 Rehab Supplies $161 160 8 In applying the lower of cost or net realizable value rule, the inventory of rehab equipment would be valued at Multiple Choice O $300 5203 O O 5242

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