ndicate whether each of the following statements is true or false.

The freight terms FOB shipping point increase the cost of inventory to the buyer.

b$)$ The term FOB means that goods are shipped free of charge to buyer and seller.

c$)$ FOB shipping point means that purchaser's responsibility ends at shipping point.

d$)$ FOB destination means that seller's responsibility ends at destination.

e$)$ When the seller of merchandise records freight under the terms FOB shipping point, the seller records an expense.