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Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies Selling price Cost $263
Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies Selling price Cost $263 $ 134 $ 349 $146 Costs to sell 164 13 130 268 140 24 20 13 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at:
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
