You can tell it's 1954 by the next story up in Mad (THE COMIC BOOK) #15. It's Harvey Kurtzman and Wally Wood's take on the classic Marlon Brando film "The Wild One", "Wild 1/2!".
This one doesn't really stand out to me as a Wood story...something seems hurried about it. Perhaps he wasn't interested much in the subject matter.
Either way or even if it's just my imagination...if it's Wood, it's good!
Dig in, kiddoes!
Talk to you soon.