Blue Taco has three inventory items. a physical count at the year end (12/31) revealed the following incentory galues

a. 50,000

b. 100,000

c. 150,000

follwoing issues musr be considered

company sold 20,000 of product a to a customer on 12/29 fob shipping point. it arrived on 1/2

company purchased 30,000 of profuct b from a supplier on 12/30, fob shipping point. arrived on 1/3. freight in of 1000

100,000 of product c out on consignment at another store. store gets 10% commission when it sells product c