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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.
Quarter
First
Second
Third
Fourth
Annual total
Units
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 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
Compute Metlock's profit margin on sales for each of the four quarters of under both the integral and discrete approaches.
Round answers to decimal place, eg Enter negative amounts using either a negative sign preceding the number eg or
parentheses eg
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