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Wiley Coyote Company placedan order to purchase 10,000 rocket packs from Acme Company on December 28, 2014. Acme shipped the rocket packs on December 29,

Wiley Coyote Company placedan order to purchase 10,000 rocket packs from Acme Company on December 28, 2014. Acme shipped the rocket packs on December 29, 2014 and they arrived at Wiley Coyotes plant on January 3, 2015. Discuss which company would include these materials in its ending inventory at December 31, 2014, based on whether the shipping terms were FOB Shipping Point or FOB Destination. Be sure to explain why your answer might differ based on the shipping terms.

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