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Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Equipment Supplies Selling price Cost $264 $133 Rehab Equipment $356

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Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Equipment Supplies Selling price Cost $264 $133 Rehab Equipment $356 152 125 252 Costs to sell 15 24 34 Rehab Supplies $154 156 5 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at: Multiple Choice $92. $109. $69. $125.

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