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Rally Wheels, Inc. had the following balances and transactions during 2024 : What would the company's ending merchandise inventory cost be on December 31, 2024

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Rally Wheels, Inc. had the following balances and transactions during 2024 : 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. $55,320 B. $72,720 C. $54,720 D. $17,400

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