The Houston Textile Company (HTC) has the following inventory data for the year 2023 (stated in thousands): Raw Materials: Beginning: $180 Ending: $620 Work-in-Process (WIP): Beginning: $450 Ending: $380 Finished Goods: Beginning: $800 Ending: $950 The cost of goods available for sale was $2,500. What was the cost of goods sold? Options: a) $2,550 b) $1,600 c) $1,650 d) $1,450 The Austin Electronics Company (AEC) has the following inventory data for the year 2022 (stated in thousands): Raw Materials: Beginning: $250 Ending: $600 Work-in-Process (WIP): Beginning: $420 Ending: $500 Finished Goods: Beginning: $900 Ending: $1,050 The cost of goods available for sale was $3,200. What was the cost of goods sold? Options: a) $3,150 b) $2,500 c) $2,300 d) $2,150 The Dallas Auto Parts Company (DAPC) has the following inventory data for the year 2021 (stated in thousands): Raw Materials: Beginning: $320 Ending: $520 Work-in-Process (WIP): Beginning: $600 Ending: $550 Finished Goods: Beginning: $1,200 Ending: $1,100 The cost of goods available for sale was $4,000. What was the cost of goods sold? Options: a) $2,800 b) $2,900 c) $3,000 d) $3,200 The San Antonio Furniture Company (SAFC) has the following inventory data for the year 2020 (stated in thousands): Raw Materials: Beginning: $400 Ending: $450 Work-in-Process (WIP): Beginning: $500 Ending: $400 Finished Goods: Beginning: $1,500 Ending: $1,300 The cost of goods available for sale was $5,000. What was the cost of goods sold? The Fort Worth Machinery Company (FWMC) has the following inventory data for the year 2024 (stated in thousands): Raw Materials: Beginning: $280 Ending: $350 Work-in-Process (WIP): Beginning: $600 Ending: $500 Finished Goods: Beginning: $1,100 Ending: $1,250 The cost of goods available for sale was $4,500. What was the cost of goods sold? The El Paso Paper Company (EPPC) has the following inventory data for the year 2025 (stated in thousands): Raw Materials: Beginning: $330 Ending: $420 Work-in-Process (WIP): Beginning: $460 Ending: $400 Finished Goods: Beginning: $1,300 Ending: $1,450 The cost of goods available for sale was $3,800. What was the cost of goods sold?

Calculate the cost of goods sold dollar value for A65 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for first-in, first-out (FIFO).

Calculate the cost of goods sold dollar value for A66 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for last-in, first-out (LIFO).

Trini Company had the following transactions for the month. Calculate the cost of goods sold dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

Calculate the cost of goods sold dollar value for A74 Company for the sale on March 11, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average (AVG).

Calculate the cost of goods sold dollar value for B74 Company for the sale on November 20, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average (AVG).

Trini Company had the following transactions for the month. Calculate the ending inventory dollar value for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

Bleistine Company had the following transactions for the month. Calculate the gross margin for the period for each of the following cost allocation methods, using periodic inventory updating. Assume that all units were sold for $50 each. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

DeForest Company had the following transactions for the month. Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

Akira Company had the following transactions for the month. Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)