Data related to the inventories of Copper Medical Supply is presented below:

In applying the LCM rule, the inventory of rehab supplies for Cooper Medical Supply would be valued at:

$122.

$158.

$152.

$165.

$148.

$162.

$155.

None of the above

Surgical Surgical Rehab Rehab Equipment Supplies EquipmentSupplies $165 162 158 $260 170 240 30 30% $340 250 235 25 30% Selling price Cost Replacement cost Disposal cost Normal gross profit ratio $120 90 80 30% 20%