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Bramble Limited is trying to determine the value of its ending inventory as of February 28, 2019, the company's year-end. The following transactions occurred, and

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Bramble Limited is trying to determine the value of its ending inventory as of February 28, 2019, the company's year-end. The following transactions occurred, and the accountant asked your help in determining whether they should be recorded or not. For each of the transactions below. specify whether the item in question should be included in ending inventory, and if so, at what amount. (a) On February 26, Bramble shipped goods costing $2,000 to a customer and charged the customer $2.500. The goods were shipped with terms FOB shipping point and the receiving report indicates that the customer received the goods on March 2 (b) On February 26, Louis Inc. shipped goods to Bramble under terms FOB shipping point. The invoice price was $600 plus $20 for freight. The receiving report indicates that the goods were received by Bramble on March 2. (c) Bramble had $800 of inventory Isolated in the warehouse. The inventory is designated for a customer who has requested that the goods be shipped on March 10. (d) Also included in Bramble's warehouse is $780 of inventory that Ryhn Producers shipped to Bramble on consignment. le) On February 26, Bramble issued a purchase order to acquire goods costing $900. The goods were shipped with terms FOB destination on February 27. Bramble received the goods on March 2 (1On February 26, Bramble shipped goods to a customer under terms FOB destination. The invoice price was $365; the cost of the items was $280. The receiving report indicates that the goods were received by the customer on March 2

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