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Cullumber, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2017 are projected as

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Cullumber, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2017 are projected as follows. Quarter Units First 84,800 Second 159,000 Third 583,000 Fourth 127,200 Annual Total 954,000 Cullumber incurs variable manufacturing costs of $0.30 per unit and variable nonmanufacturing costs of $0.35 per unit. Cullumber will incur fixed manufacturing costs of $782,600 and fixed nonmanufacturing costs of $1,110,000. Cullumber will sell its product for $4 per unit. Determine the amount of net income Cullumber will report in each of the four quarters of 2017 assuming actual sales are as projected and employing the Integral approach to interim financial reporting, lgnore Income taxes.) Repeat the analysis under the discrete approach. (Round answers to decimal places, 5,125) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Net Income (Integral Approach) $ Net income (Discrete Approach e Textbook and Media Cullumber, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2017 are projected as follows. Quarter Units First 84,800 Second 159,000 Third 583,000 Fourth 127,200 Annual Total 954,000 Cullumber Incurs variable manufacturing costs of $0.30 per unit and variable nonmanufacturing costs of $0.35 per unit. Cullumber will incur fixed manufacturing costs of $782,600 and fixed nonmanufacturing costs of $1.110,000. Cullumber will sell its product for $4 per unit. Determine the amount of net income Cullumber will report in each of the four Quarters of 2017, assuming actual sales are as projected and employing the Integral approach to interim financial reporting. lgnore income taxes) Repeat the analysis under the discrete approach. (Round answers to decimal places, es 5,125) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Net income (Integral Approach S Net income (Discrete Approach $

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