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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 $ 274 $
Data related to the inventories of Costco Medical Supply are presented below:
Surgical
Equipment
Surgical
Supplies
Rehab
Equipment
Rehab
Supplies
Selling price
$
274
$
134
$
349
$
151
Cost
158
99
260
144
Costs to sell
18
13
30
14
In applying the lower of cost or net realizable value rule, the inventory of rehab supplies would be valued at:
Multiple Choice
$144.
$107.
$140.
$137.
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