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Mandarinka [93]
4 years ago
8

Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E

quipment Supplies Selling price $ 260 $ 100 $ 340 $ 165 Cost 170 90 250 162 Costs to sell 30 15 25 10 In applying the lower of cost or net realizable value rule, the inventory of surgical supplies would be valued at: Multiple Choice $75. $90. $85.
Business
1 answer:
NemiM [27]4 years ago
6 0

Answer:

$85

Explanation:

Costco Medical Supply's inventory:

                   Surgical Eq - Surgical Supp - Rehab Eq - Rehab Supp

Selling price     $260                  $100           $340               $165

Cost                  $170                     $90           $250              $162

Costs to sell     $30                      $15              $25                 $10

If we apply the net realizable value rule, the value of surgical supplies would be:

NRV = $100 = $15 = $85

the NRV is also the lower of cost since $85 < $90

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Answer:

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Explanation:

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7 0
3 years ago
Which most accurately characterizes the method used to calculate inflation? Bureaucrats evaluate changes in the price of a natio
Irina-Kira [14]

Answer:

Analysts measure the cost of a bundle of goods representative of overall spending at two points in time and compare the difference in cost.

Explanation:

Inflation refers to a situation in which there is a rise in the price level of the goods in an economy at a particular point of time.

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4 0
4 years ago
When you were born, your dear old Aunt Minnie promised to deposit $1,000 into a savings account, bearing a 5% effective annual r
seraphim [82]

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Explanation:

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Then subtract the future values of the deposits that your grandmother missed.

For the fifth birthday, the future value term will be 22 - 5 = 17 years

For the eleventh, the future value term will be 22 - 11 = 11 years

The amount in the account is:

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3 years ago
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Answer:

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also mark brainliest

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3 years ago
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<span>I believe it's Press Release. </span>
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