Homework answers / question archive / Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $168,000 $151,000 $103,000 $66,000 Cost 139,000 142,000 72,100 42,900 Replacement cost 133,000 124,000 92,100 38,900 Sales commission 10% 10% 10% 10%  In applying the lower of cost or net realizable value rule

Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $168,000 $151,000 $103,000 $66,000 Cost 139,000 142,000 72,100 42,900 Replacement cost 133,000 124,000 92,100 38,900 Sales commission 10% 10% 10% 10%  In applying the lower of cost or net realizable value rule

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Data related to the inventories of Alpine Ski Equipment and Supplies is presented below:

Skis Boots Apparel Supplies Selling price $168,000 $151,000 $103,000 $66,000 Cost 139,000 142,000 72,100 42,900 Replacement cost 133,000 124,000 92,100 38,900 Sales commission 10% 10% 10% 10% 
In applying the lower of cost or net realizable value rule. the inventory of skis would be valued at: