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A community hospital in PA has a 15% supply expense ratio. If total operating expenses are $1 million this month, what is the total annual cost of supplies?

A hospital buys certain supplies for $50 each. The average makeup is 100%. Additional selling costs are 25% of total cost. What is the next realizable value?

Assume the same product has a current replacement cost of $40. What is the lower of cost or market.

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