11. Fetherston Company's goods in transit at December 31 include: Purchase made Sales made (1) FOB destination (3) FOB destination (2) FOB shipping point (4) FOB shipping point Which items should be included in Fetherston's inventory at December 31? a. (1) and (3) b. (2) and (3) c. (1) and (4) d. (2) and (4) 12. Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows: Units Per unit price Total Balance, 1/1/18 200 $5.00 $1,000 Purchase, 1/15/18 100 530 Purchase, 1/28/18 100 5.50 550 An end of the month (1/31/18) inventory showed that 200 units were on hand. If the company uses FIFO, what is the value of the ending inventory? a. $1000 b. $1040 c. $1060 d. $1080