CASE 1

Merchandice Inventory, beginning 28,000

Add: Net Purchases
Purchases 74,000
Add: Freight In 1000
Total 103,000
Less: Purchase Return and Allowances -8000
Purchase Discounts -1500
Cost of Goods Available for Sale 93,500
Less: Merchandise Inventory. Ending -40,000
Cost f Goods Sold 53,500

CASE 2
Merchandice Inventory, beginning 15000
Add: Net Purchases
Purchases 80000
Add: Freight In 5000
Total 100000
Less: Purchase Return and Allowances -4200
Purchase Discounts -850
Cost of Goods Available for Sale 94950
Less: Merchandise Inventory. Ending -37000
Cost f Goods Sold 57950
CASE 3
Merchandice Inventory, beginning 20,000
Add: Net Purchases
Purchases 41,000
Add: Freight In 2,000
Total 63,000
Less: Purchase Return and Allowances -1000
Purchase Discounts -1200
Cost of Goods Available for Sale 60,800
Less: Merchandise Inventory. Ending -10,000
Cost f Goods Sold 50,800

CASE 4
Merchandice Inventory, beginning 12,000
Add: Net Purchases
Purchases 88,000
Add: Freight In 5,000
Total 105,000
Less: Purchase Return and Allowances -4000
Purchase Discounts -3000
Cost of Goods Available for Sale 98,000
Less: Merchandise Inventory. Ending -25,000
Cost f Goods Sold 73,000
CASE 5
Merchandice Inventory, beginning 26,000
Add: Net Purchases
Purchases 245,500
Add: Freight In 2000
Total 273,500
Less: Purchase Return and Allowances -4000
Purchase Discounts 0
Cost of Goods Available for Sale 269,500
Less: Merchandise Inventory. Ending -37,000
Cost f Goods Sold 232,500