MC Qu. 29 Data related to the inventories of Alpine... Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $165,000 $161,000 $117,000 $75,000 52,500 Cost 130,000 137,000 Replacement cost Sales commissin 81,900 115,000 10% 118,000 129,000 48,500 10% 10% 10% In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at: Multiple Choice $110,180