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2. Orange-Aide Company has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 35 units on hand.

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Orange-Aide Company has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 35 units on hand. Using the periodic average cost method, the value of ending inventory is $735 $770 $731.50 $700 Blackstone Company's goods in transit at June 30 include sales made FOB destination FOB shipping point and purchases made FOB destination FOB shipping point Which items should beta included in Blackstone's inventory at June 30? (2) and (3) (1) and (4) (2) and (4) (1) and (3)

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