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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $260 178 30 Surgical Supplies
Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $260 178 30 Surgical Supplies $100 98 15 Rehab Equipment $340 250 25 Rehab Supplies $165 162 1e In applying the lower of cost or net realizable value rule, the Inventory of rehab supplies would be valued at Multiple Choice O $165. O $152 O $162 $155
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