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6) Data related to the inventories of Kimzey Medical Supply are presented beiow 6) sented below: SurgicalSurgicalRe EquipmentSupplies Equipment Supplies S 260 Selling price Cost

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6) Data related to the inventories of Kimzey Medical Supply are presented beiow 6) sented below: SurgicalSurgicalRe EquipmentSupplies Equipment Supplies S 260 Selling price Cost Replacement cost Costs to sell Normal gross profit ratico S 165 S 340 250 235 25 S 120 170 240 30 30 % 90 158 80 20% 30 % 30% In applying the lower of cost or market rule, the inventory of surgical c quipment would be valued at: D) $152. A) $170 B) $230 C$240

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