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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 $ 260 $

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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 $ 260 $ 100 16 $ 340 $ 5 Cost 170 90 250 16 2 Costs to sell 30 15 25 10 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at: $170. $240. $152. $230

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