Peete Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking. (a) 900 units of inventory shipped on consignment by Peete to another company. (b) 3,000 units of inventory in transit from a supplier shipped FOB destination. (c) 1,200 units of inventory sold but being held for customer pickup. (d) 500 units of inventory held on consignment from another company. Gato Inc, had the following inventory situations to consider at January 31, its year-end. upport Identify which of the following items should be included in inventory (a) Goods held on consignment for Steele Corp. since December 12. (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit. Goods shipped to a customer, FOB shipping point, on January 29 that are still in transit. Goods purchased FOB destination from a supplier on January 25, that are still in transit. Goods purchased FOB shipping point from a supplier on January 25, that are still in transit (g) Office supplies on hand at January 31