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I used this resource as an extension sheet for my high students, but this can be adapted to all students based on the level of help you provide. This resource is VERY similar to the "Decimal Multiplication Models" item that you can also find in my store.
The students will use the word problem to create either a 100s grid array, an equal groups model, a money model, or an area model and then check their work using standard algorithm. This is a great way for students to take their understanding of models and transition it into designing their own with the information provided.
TEKS 5.3 F
TEKS 5.3 G