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Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical...

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Accounting

Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies Selling price $ 272 $ 138 $ 349 $ 158 Cost 151 99 257 150 Costs to sell 20 6 32 15 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at:

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