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need the answer asap Rally Wheels, Inc. had the following balances and transactions during 2024: Beginning Merchandise Inventory as of January 1, 2024 120 units
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Rally Wheels, Inc. had the following balances and transactions during 2024: Beginning Merchandise Inventory as of January 1, 2024 120 units at $73 March 10 Sold 60 units June 10 Purchased 240 units at $76 October 30 Sold 150 units What would the company's ending merchandise inventory cost be on December 31, 2024 if the perpetual inventory system and the last - in, first-out inventory costing method are used? + A. $27,000 B. $18,240 OC. $15.780 OD. $11.220 Step by Step Solution
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