5) Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies Equipment Supplies $ 260 $ Selling price $ 340 100 $ 165 Cost 170 162 250 25 10 Costs to sell In applying the lower of cost or net realizable value rule, the inventory of rehab supplies would be valued at: A) $165. B) $155. C) $162 D) $152. 30 6) - 6) Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Selling price Cost Replacement cost Skis $ 180,000 128,000 120,000 Boots $ 140,000 133,000 130,000 Apparel $ 120,000 90,000 110,000 Supplies $ 60,000 45,000 41,000 Sales 10 % 10 % 10 % 10 % commission In applying the lower of cost or net realizable value rule, the inventory of skis would be valued at: A) $162,000 B) $180,000 C) $128,000 D) $120,000 7) Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: 7) Selling price Cost Replacement cost Sales commission Skis $ 180,000 128,000 120,000 Boots $ 140,000 133,000 130,000 Apparel $ 120,000 90,000 110,000 Supplies $ 60,000 45,000 41,000 10 % 10 % 10% 10 % In applying the lower of cost or net realizable value rule, the inventory of boots would be valued at: A) $130,000. B) $133,000. C) $126,000 D) $140,000 8) Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: $ Skis $ 180,000 128,000 120,000 Selling price Cost Replacement cost Sales commission Boots 140,000 133,000 130,000 Apparel $ 120,000 90,000 Supplies $ 60,000 45,000 41,000 110,000 10 % 10% 10 % 10 % In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at: A) $99,000. B) $108,000. C) $110,000. D) $90,000