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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $ 265 150 16 Surgical

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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $ 265 150 16 Surgical Supplies $ 135 136 16 Rehab Equipment $ 343 267 18 Rehab Supplies $ 159 158 8 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at: Multiple Choice $115 $92 $119

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