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II. Data related to the inventories of Metro Supply are presented below: Selling price Cost Replacement cost Costs to sell Normal gross profit ratio Surgical

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II. Data related to the inventories of Metro Supply are presented below: Selling price Cost Replacement cost Costs to sell Normal gross profit ratio Surgical Equipment $ 260 170 240 30 30% Surgical Supplies $ 120 90 80 5 30% Rehab Equipment $ 340 250 235 25 30% Rehab Supplies $ 165 162 158 10 20% *Show your computation! If not, no credit. A) In applying the lower of cost or market rule, the inventory of surgical equipment would be valued at: B) In applying the lower of cost or market rule, the inventory of surgical supplies would be valued at: C) In applying the lower of cost or market rule, the inventory of rehab equipment would be valued at: D) In applying the lower of cost or market rule, the inventory of rehab supplies would be valued at

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