DobbsWholesaleAntiques makes all sales under terms of FOB shipping point.The company usually ships inventory to customers approximately one week after receiving the order.For orders received late in December, KathyDobbs, the owner, decides when to ship the goods.If profits are already at an acceptable level,DobbsdelaysshipmentuntilJanuary.If profits for the current year are lagging behind expectations,Dobbsships the goods during December.

• UnderDobbs's FOB policy, when should the company record a sale?
• Do you approve or disapprove ofDobbs's mannerof deciding when to shipgoodsto customers and record thesalesrevenue?If you approve, give your reason.If you disapprove, identify a better way to decide when toship goods. (There is no accounting rule against Dobb's practice.)