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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $278 155 16 Surgical Supplies

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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $278 155 16 Surgical Supplies $122 91 9 Rehab Equipment $ 344 257 24 Rehab Supplies $ 160 154 13 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at: Multiple Choice $187 $200. O $187 O $200. O $141. O $155

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