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4 Haas Company manufactures and sells one product. The following information pertains to each ofthe company's first three years of operations: lo Variable costs per
4 Haas Company manufactures and sells one product. The following information pertains to each ofthe company's first three years of operations: lo Variable costs per unit: Manufacturing: pom\" Direct: materials s 20 Direct labor 5 12 Variable manufacturing overhead 5 4 !l Variable selling and administrative s 2 Fixed cost-,5 per year: 950'\" Fixed manufacturing overhead 5 950,000 Fixed selling and administrative expenses 5 240,000 :9 During its first year of operations, Haas produced 60,000 units and sold 60,000 units, During its second year ofoperations, it Int produced 75,000 units and sold 50,000 units. In its third year, Haas produced 40,000 units and sold 65,000 units. The selling price 0! the company's product is $58 per unit. 'EF Print Required: 1. Compute the company's break-even point in unit sales. ll: 2' Assume the company uses variable costing: I a. Compute the unit product cost for Year 1, Year 2, and Year 3. Refe'eme' 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 Vear1, Vear 2, and Year 3. b. Prepare an income statement for Year 1, Year 2. and Year 34 Complete this question by entering your answers in the tabs below. Red 1 Rev: 2A Ken 25 Req 3A Req as Compute the company's breakeven point in unit sales. Req IA > Next > % ( Prev 4 or 5
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