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- A company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows: Quarter Units First 65600 Second 123000 Third 451000 Forth 98400 Total 738000 Teal incurs vairiable manufacturing costs of $0.40 per unit and variable non-manufacturing costs of $0.40 per unit. Teal will incur fixed manufacturing costs of $590,400 and fixed non-manufacturing costs of $885,600. Teal will sell its product for $4 per unit. A) Determine the Net Income using the Integral approach and the Discrete approach for each quarter on 2020 B) Using the information above, determine the Profit margins for each quarter of 2020 using both the Integral approach and the Discrete approach.tamarisk, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows. Quarter Units First 96,000 Second 180,000 Third 660,000 Fourth 144,000 Annual total 1,080,000 Tamarisk incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.35 per unit. Tamarisk will incur fixed manufacturing costs of $864,000 and fixed nonmanufacturing costs of $1,296,000. Tamarisk will sell its product for $4 per unit. (a) Determine the amount of net income Tamarisk will report in each of the four quarters of 2020, 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. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Net income (Integral Approach) $ $ $ $…Bonita, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows. Quarter Units First 78,400 Second 147,000 Third 539,000 Fourth 117,600 Annual total 882,000 Bonita incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.40 per unit. Bonita will incur fixed manufacturing costs of $705,600 and fixed nonmanufacturing costs of $1,058,400. Bonita will sell its product for $4 per unit. (a) Determine the amount of net income Bonita will report in each of the four quarters of 2020, 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.
- Tamarisk Inc is a company that manufactures and sells a single product. Unit sales for each of the 4 quarters of 2020 are projected as follows: q1 = 96,000 units q2 = 180,000 units q3 = 660,000 units q4 = 144,000 annual total = 1,080,000 units Tamarisk incurs variable mfg costs of $0.40 per unit and variable non-mfg costs of $0,35 per unit. Tamarisk will incur fixed mfg costs of $864,000 and fixed non-mfg costs of $1,296,000. Tamarisk will sell its product for $4 per unit. Compute Tamarisk's profit margin on sales for each of the four quarters of 2020 under both the integral and discrete approaches.Sarasota, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows. Quarter Units First 64,000 Second 120,000 Third 440,000 Fourth 96,000 Annual total 720,000 Sarasota incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.35 per unit. Sarasota will incur fixed manufacturing costs of $576,000 and fixed nonmanufacturing costs of $864,000. Sarasota will sell its product for $4 per unit. 1. Determine the amount of net income Sarasota will report in each of the four quarters of 2020, 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 0 decimal places) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Net income (Integral Approach) Net income (Discrete Approach)…Culver, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2025 are projected as follows. Quarter First Second Third Fourth Annual total 100,800 189,000 Units 693,000 151,200 Culver incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.35 per unit. Culver will incur fixed manufacturing costs of $907,200 and fixed nonmanufacturing costs of $1,360,800. Culver will sell its product for $4 per unit. 1,134,000 Show Transcribed Text $ Income before taxes (Integral Approach) $ Income before taxes (Discrete Approach) Determine the amount of net income Culver will report in each of the four quarters of 2025, 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 O decimal places, e.g. 5,125. Enter negative amounts using either a negative sign preceding the…
- An organization makes and sells three products, F, G, and H. The products are sold in the proportions F: G:H= 2:1:3. The organization’s fixed costs are $80000 per month and details of the products are as follows.Product Selling price $ per unit Variable cost $ per unitF 22 16G 15 12H 19 13The organization wishes to earn a profit of $52000 next month.Required:Calculate the required sales value of each product in order to achieve this target profit.Agta Enterprises manufactures a product that sells for R180 each. The company presently produces and sells 50 000 units per year. Unit variable manufacturing and selling expenses are R90 and R18 respectively. Annual fixed costs are R2 200 000 for manufacturing overheads and R1 040 000 for selling and administrative activities. Determine the sales quantity required in order to achieve the company’s profit objective of R1 800 000.Savannah, 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 80,000 Second 150,000 Third 550,000 Fourth 120,000 Annual total 900,000 Savannah incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.35 per unit. Savannah will incur fixed manufacturing costs of $720,000 and fixed nonmanufacturing costs of $1,080,000. Savannah will sell its product for $4.00 per unit.AccountingDetermine the amount of net income Savannah 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. (Ignore income taxes.) Repeat the analysis under the discrete approach.AnalysisCompute Savannah’s profit margin on sales for each of the four quarters of 2017 under both the integral and discrete approaches. Discuss the effects of employing the integral and…
- For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $46,000 for the financial year ending 2021, assuming variable costs are $50 per unit, total fixed costs are $4,000, and the unit selling price is $60? O a. 400 units O b. 4,600 units Ос. 1,000 units O d. 5,000 unitsFor XYZ Company , how many units of their product would have to be sold to yield a target operating income of $92,000 for the financial year ending 2021, assuming variable costs are $50 per unittotal fixed costs are \$8, , and the unit selling price is $60 ? a. 800 units b. 2,000 units c. 10,000 units d. 9,200 unitsAssume XYZ Company intends to produce 20000 units next month. Calculate total production costs for the next month if fixed cost is 18000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units in the current month. Select one: O a. 200000 OMR O b. 210000 OMR O c. 250000 OMR O d. 218000 OMR