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Marigold, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2 0 2 5
Marigold, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of are projected as follows.
tableQuarterUnitsFirstSecondThirdFourthAnnual total,
Marigold incurs variable manufacturing costs of $ per unit and variable nonmanufacturing costs of $ per unit. Marigold will incur fixed manufacturing costs of $ and fixed nonmanufacturing costs of $ Marigold will sell its product for $ per unit.
a
Determine the amount of net income Marigold will report in each of the four quarters of assuming actual sales are as projected and employing the integral approach to interim financial reporting. Ignore income taxes. Repeat the analysis under the discrete approach. Round answers to decimal places, eg Enter negative amounts using either a negative sign preceding the number eg or parentheses eg
b
Compute Marigold's profit margin on sales for each of the four quarters of under both the integral and discrete approache: Round answers to decimal place, eg Enter negative amounts using either a negative sign preceding the number eg or parenthesese.g
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