Running 31.0.43 (64 bit) on a fully patched Win 10 PC. The playback device is JRiver Media Center as I'm running the WDM Driver. MC's Audio device is Headphones (2- TX-384Hz Hifi Type-C Audio)[WASAPI], connected by USB. It's currently set to 32-384, although when I tried 24-384 it made no difference. I tried it without WDM and had the same problem.
Edited to add: It works fine for greater than 88.2, e.g. 24-96 and 24-192 both work fine.
The physical device is a Loxjie-A30 desktop DAC/amp, which accepts up to 32-384. MC's output format is "No change" to the A30's limit and either 352.8KHz or 384KHz above that.
Neither 88.2 format will play on my PC, message is "Automatically configure output (will close in 10 seconds)", defaulting to 48KHz. 24-88.2 played in the past (before 31, 16-88.2 was created for testing only). Our IdPi (running 30.0.96) plays 24-88.2 without any problem to two different linked DACs.