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Data related to the inventories of Costco Medical Supply are presented below. Selling price Cost Costs to sell Surgical Equipment $ 273 159 20 Surgical
Data related to the inventories of Costco Medical Supply are presented below. Selling price Cost Costs to sell Surgical Equipment $ 273 159 20 Surgical Supplies $ 132 119 15 Rehab Equipment $ 343 262 32 Rehab Supplies $146 144 9 In applying the lower of cost or net realizable value rule, the inventory of rehab supplies would be valued at Multiple Choice $144. $140 $137. $93
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