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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $ 269 162 22 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 $ 269 162 22 Surgical Supplies $137 131 18 Rehab Equipment $ 351 263 20 Rehab Supplies $ 163 158 12 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at: Multiple Choice $94. $119 $78. 7 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be value 6.5 points Multiple Choice 8 02:54:52 $94. $119 O $78. $131 Me Graw Hill 8 12

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