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Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment $ 276 150 Surgical Supplies $ 134 131 Selling price Cost

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Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment $ 276 150 Surgical Supplies $ 134 131 Selling price Cost Costs to sell Rehab Equipment $ 344 264 31 Rehab Supplies $ 155 150 12 16 17 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at: Multiple Choice O $131 O O $117. $112. O $90

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