Question: Morgan Enterprises' is doing inventory. In the inventory process, Morgan inadvertently miscategorized a $ 1 4 , 0 0 0 shipment of FOB shipping point
Morgan Enterprises' is doing inventory. In the inventory process, Morgan inadvertently miscategorized a $ shipment of FOB
shipping point goods in transit to a customer as FOB destination. How will this miscategorization impact Morgan's total inventory?
It will cause inventory to be $ too high.
It will cause inventory to be $ too low.
It will cause inventory to be $ too high.
It will have no impact on total inventory.
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