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Saved Data related to the inventories of Kimzey Medical Supply are presented below. Help Save & E Sub Selling price Cost Replacement cost Costs to

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Saved Data related to the inventories of Kimzey Medical Supply are presented below. Help Save & E Sub Selling price Cost Replacement cost Costs to sell Normal gross profit ratio Surgical Equipment $320 230 300 54 300 Surgical Supplies $180 150 140 17 308 Rehab Equipment $400 310 295 37 308 Rehab Supplies $225 222 218 34 208 In applying the lower of cost or market rule, the inventory of rehab supplies would be valued at Multiple Choice O $146 $218. $191 $222 Next > 30 of 83 !!!

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