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Rally Wheels, Inc. had the following balances and transactions during 2024 Beginning Merchandise Inventory as of January 1. 2024 March 10 June 10 October 30
Rally Wheels, Inc. had the following balances and transactions during 2024 Beginning Merchandise Inventory as of January 1. 2024 March 10 June 10 October 30 120 units at $70 Sold 60 units Purchased 240 units at $77 Sold 100 units What would the company's ending merchandise inventory cost be on December 31, 2024 the perpetual inventory system and the last-in, first-out wventory costing method are used? OA $14.980 OR $26.880 C $11.000 OD $18.480 O
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