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Complete the following questions please. Tamarisk, Inc. is trying to determine the value of its ending inventory as of February 28, 2022, the company's year-end.
Complete the following questions please.
Tamarisk, Inc. is trying to determine the value of its ending inventory as of February 28, 2022, the company's year-end. The accountant counted everything that was in the warehouse as of February 28, which resulted in an ending inventory valuation of $48,500. However, she didn't lonow how to treat the following transactions so she didn't record them. (all For sach of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount of item is not included in the ending inventory then enter for the amounts) S On February 26, Tamarisk shipped to a customer goods costing $690. The goods were shipped FOB shipping point and the receiving report indicates that the customer received the goods on March 2 . On February 26, Martine Inc shipped goods to Tamarisk FOB destination. The invoice price was $390 plus S25 for freight. The receiving report indicates that the goods were received by Tamarisk on March 2 isStep by Step Solution
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