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Metlock, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2 0 2 5
Metlock, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of are projected as follows.
tableQuarterUnits,FirstSecondThirdFourthAnnual total,
Metlock incurs variable manufacturing costs of $ per unit and variable nonmanufacturing costs of $ per unit. Metlock will incur fixed manufacturing costs of $ and fixed nonmanufacturing costs of $ Metlock will sell its product for $ per unit.
Determine the amount of net income Metlock will report in each of the gour quarters of assuming actual sales are as projected and empoying the integral approach to interim financial reporting. Ignore income taxes. Repeat the analysis under the discrete approach.
Compute Metlocks profit margin on sales for each of the four quarters of under both the integral and discrete approaches.
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