Blue Company identifies the following items for possible inclusion in the physical Indicate whether each item should be included or excluded from the inventory taking. a. b. C. d. 1,080 units of inventory shipped on consignment by Blue to another company. 3,600 units of inventory in transit from a supplier shipped FOB destination. 1,440 units of inventory sold and in transit, shipped FOB shipping point. 600 units of inventory held on consignment from another company. tory.

Blue Company identifies the following items for possible inclusion in the physical Inventory. Indicate whether each item should be included or excluded from the inventory taking. a. 1,080 units of inventory shipped on consignment by Blue to another company. b. 3,600 units of inventory in transit from a supplier shipped FOB destination. c. 1,440 units of inventory sold and in transit, shipped FOB shipping point. d. 600 units of inventory held on consignment from another company