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Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Equipment Supplies Equipmen Selling price $271 $126 $353 Cost 161
Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Equipment Supplies Equipmen Selling price $271 $126 $353 Cost 161 105 263 Costs to sell 18 14 23 Rehab Equipment $353 Rehab Supplies $152 263 154 23 5 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at: Multiple Choice $161. $202. $149. $197
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