Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of

operations:

Variable costs per unit:

Manufacturing:

Direct materials $$24$

Direct labor $$16$

Variable manufacturing overhead $$4$

Variable selling and administrative

Fixed costs per year:

Fixed manufacturing overhead $ $$22,$

Fixed selling and administrative expenses $ $$140,00$

During its first year of operations, Haas produced $40,000$ units and sold $40,000$ units. During its second year of operations, it

produced $55,000$ units and sold $30,000$ units. In its third year, Haas produced $20,000$ units and sold $45,000$ units. The selling price of

the company's product is $$54$ per unit.

Requlred:

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 $3.$

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 $3.$

Complete this question by entering your answers in the tabs below.

Req $2A$

Req$2B$

Req$3A$

Req $3$B

Prepare an income statement for Year $1,$ Year $2,$ and Year $3.$ Assume the company uses variable costing.