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Use the following information to answer questions 1, 2, and 3 Data related to the inventories of Jayuya Medical Supply are presented below: Surgical Equipment
Use the following information to answer questions 1, 2, and 3 Data related to the inventories of Jayuya Medical Supply are presented below: Surgical Equipment $260 170 30 Surgical Supplies $100 90 15 Rehab Supplies $165 Selling price Cost Costs to sell I Rehab Equipment $340 250 25 162 10 1. In applying the lower of cost and not realizable value rule, the inventory of surgical equipment would be valued at 2. In applying the lower of cost and net realizable value rule, the inventory of surgical supplies would be valued at 3. In applying the lower of cost and not realizable value nile the inventory of rehab equipment would be valued at 4. In applying the lower of cost and net realizable value kilelie inventory of rehab supplies would be valued at
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