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2 Problem 6-18 Variable and Absorption Costing Unit Product Costs and Income 2] Statements [L06-1, LO6- Haas Company manufactures and sells one product. The operations

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2 Problem 6-18 Variable and Absorption Costing Unit Product Costs and Income 2] Statements [L06-1, LO6- Haas Company manufactures and sells one product. The operations following information pertains to each of the company's first three years of Variable manufacturing overhead Variable selling and adsinistrative 460,00e % 240,000 Fixed selling and administrative expenses References During its first year of operations, Haas produced 100,000 units and sold 100,000 units During its second year of operations. t produced 115,000 units and sold 90.000 units. In its third year, Haas produced 80,000 units and sold 105,000 units. The selling price of the company's product is $58 per unit ct cost for Year 1 b. Prepare an income statement for Year 1, Year 2, and Year 3 3. Assume the company uses absorption costing a. Compute the unit product cost for Year 1, Year 2, and Year 3 b. Prepare an income statement for Year 1, Year 2, and Year 3 Req 1 Req 28 Req 3A Req 3B pe here to search

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