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Haas company manufactures and sells one product. the following information pertains to each of the companies first three years of operation Haas Company manufactures and

Haas company manufactures and sells one product. the following information pertains to each of the companies first three years of operation
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Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Duting its first yeat of operations. Haas produced 60,000 units and sold 60,000 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 produci is $57 per unit. Required: 1. Compute the company's break-even point in unit sales. 2 Assume the company uses variable 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. 3. Assume the company uses absorption cosing a. Compute the unit product cont for Year 1, Year 2, and Year 3 b. Prepate an income statement for Year 1, Year 2 , and Year 3. Complete this question by entering your answers in the tabs below. Compute the company's break-even point in unit sales. Complete this question by entering your answers in the tabs below. Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses variable costing. Complete this question by entering your answers in the tabs below. Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses variable costirg. Complete this question by entering your answers in the tabs below. Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses absorption costing. (Round your intermediate calculations and final answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses absorption costing. (Round your intermediate colculations to 2 decimal places.)

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