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What would company ending merchandise inventory cost be

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Reference no: EM132937861

Rally? Wheels, Inc. had the following balances and transactions during? 2024:

Beginning Merchandise Inventory as of January? 1, 2024 240 units at $74

March 10 Sold 60 units

June 10 Purchased 960 units at $78

October 30 Sold 100 units

Problem 1: 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. 80,400

B. 12,240

C. 74,880

D. 92,640

Reference no: EM132937861

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