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Data related to the inventories of Costco Medical Supply are presented below. Surgical Surgical Rehab Rehab Equipment Supplies Equipment Supplies Selling price $ 271 $

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Data related to the inventories of Costco Medical Supply are presented below. Surgical Surgical Rehab Rehab Equipment Supplies Equipment Supplies Selling price $ 271 $ 129 $ 337 $ 159 Cost 161 110 281 158 Costs to sell 17 In applying the lower of cost or net realizable value rule, the inventory of rehab equipment would be valued at: $281 $274 $253 $320

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