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Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies Selling price $273 $134 $354
Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies Selling price $273 $134 $354 $147 Cost 169 128 264 149 Costs to sell 26 19 27 5 In applying the lower of cost and net realizable value rule, the inventory of surgical supplies would be valued at: $112. $115. $128. $88.
I come out to 115
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