Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab
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Data related to the inventories of Costco Medical Supply are presented below:
| Surgical | Surgical | Rehab | Rehab |
Selling price | $272 | $135 | $342 | $153 |
Cost | 151 | 103 | 256 | 153 |
Costs to sell | 18 | 10 | 18 | 7 |
In applying the lower of cost and net realizable value rule, the inventory of rehab supplies would be valued at:
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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