Business Decision: In or Out?

You are the accounting manager of Kleen and Green Janitorial Supply, Inc. of Chicago. One of your junior accountants is working on the December $31$ year$-$end inventory figures and has asked for your help in determining which of several transactions belong in the ending inventory From the following inventory scenarios, decide which should be included in the year$-$end inventory and which should not.

Hint: Refer to Exhibit $7-3,$ Shipping Terms, page $200.$ Remember, FOB Shipping Point means the title $($ownership$)$ transfers at the seller$$s factory. FOB Destination means the title $($ownership$)$ transfers at the buyer$$s warehouse.

Kleen and Green Janitorial Supply, Inc. $($Chicago$)$ is the shipper in each of the below scenarios.

A$)$ An order for a floor buffer and three different floor conditioning attachments shipped on December $31,$ FOB Chicago, and is expected to arrive on January $4.$

B$)$ An order for six drums of floor wax and four drums of wax stripper was shipped to a Detroit customer on December $31,$ FOB Detroit, and should arrive on January $2.$

C$)$ An order for $5$ foot$-$operated mop buckets and $12$ rag mops will be shipped on January $3.$

D$)$ A floor cleaning machine was returned on December $28$ for warranty repair and is scheduled to be return shipped on January $6.$

E$)$ Two cases of window wipes were shipped on December $30$ FOB Destination and are due to arrive on January $5.$

F$)$ A carton of $12$ one$-$gallon bottles of window washing solution and $8$ boxes of streak$-$free window washing cloths were ordered on December $30$ and are due to be shipped on January $3.$