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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $260 164 28 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 $260 164 28 Surgical Supplies $ 137 130 22 Rehab Equipment $358 252 26 Rehab Supplies $161 161 7 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at

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