Under both the perpetual and periodic inventory systems, how is the cost of goods available for sale calculated?

A company uses the periodic inventory system. At the beginning of the year, inventory was $\$10,000$. During the year, purchases amounted to $\$25,000$. At year-end, the physical count shows ending inventory of $\$8,000$. What is the Cost of Goods Sold (COGS) for the year?

In both perpetual and periodic inventory systems, beginning inventory plus the cost of goods purchased equals:

Which of the following statements best describes the purpose of a schedule of cost of goods manufactured in a manufacturing company?

Which of the following best describes the journal entry to record the cost of goods sold under a perpetual inventory system in process costing?

Which of the following is a nonlinear cost related to order size in inventory management?

Which of the following statements best describes the purpose of a schedule of cost of goods manufactured in a manufacturing company?

Within the relevant range of activity, which type of costs remain constant in total?

The number of units produced does not affect net operating income when using which of the following inventory costing methods?