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related to the inventories of Kimzey Medical Supply are presented below: Surgical Surgical Equipme Rehab Rehab Equipme nt Supplies Supplies lo V Selling price $
related to the inventories of Kimzey Medical Supply are presented below: Surgical Surgical Equipme Rehab Rehab Equipme nt Supplies Supplies lo V Selling price $ 16 V Cost O 224 o e Replacement cost Costs to sell Normal gross profit ratio 30% 30% In applying the lower of cost or market rule, the inventory of surgical equipment alued at: would be valued at: @ @ OA) $230. OB) $240. OC) $152. D) $170
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