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3 Problem 6-18 Variable and Absorption Costing Unit Product Costs and Income Statements 2) Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: kipped Variable costs per unit: Manufacturing Book Direct materials $22 $14 $5 $3 Direct labor Print Variable manufacturing overhead Variable selling and administrative Fixed manufacturing overhead Fixed selling and administrative expenses erences Fixed costs per year 270,000 210,000 $ During its first year of operations, Haas produced 60,000 units and sold 60,00 units During its second year of operations, it 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 of the company's product is $52 per unit. Required 1. Compute the company's break-even point in units sold. Prev3 of 3 Next Che company's product is $52 per unit. Required 1. Compute the company's break-even point in units sold. Break-even unit sales units ped ook int 2. Assume the company uses variable costing: ences a. Compute the unit product cost for year 1, year 2, and year 3. Year 1 Year 3 Unit product cost b. Prepare an income statement for year 1, year 2, and year 3. K Prev 3 of 3N Next Ch b. Prepare an income statement for year 1, year 2, and year 3. Haas Company Variable Costing Income Statement ts Year 1 Year 2 Year 3 kipped Variable expenses eBook Print ferences Total variable expenses 0 0 Fixed expenses Total fixed expenses: 0 0 Net operating income (loss) K Prev 3 of 3 Next raw apter 6 Homework # Saved Help Save & Ex 3 Che 3. Assume the company uses absorption costing a. Compute the unit product cost for year 1, year 2, and year 3. (Round your intermediate and final answers to 2 decimal places.) ts kipped Year 1 Year 2 Year 3 Unit product cost eBook Print ferences b. Prepare an income statement for year 1, year 2, and year 3. (Round your intermediate calculations to 2 decimal places.) Haas Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Net operating income (loss)