The results of a systematic study of small perturbation transonic flows are presented. Both the flow over thin airfoils and the flow over wedges were investigated. Various numerical schemes were employed in the study. The prime goal of the research was to determine the efficiency of various numerical procedures by accurately evaluating the wave drag, both by computing the pressure integral around the body and by integrating the momentum loss across the shock. Numerical errors involved in the computations that affect the accuracy of drag evaluations were analyzed. The factors that effect numerical stability and the rate of convergence of the iterative schemes were also systematically studied.