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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: $20 nes Variable costa

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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: $20 nes Variable costa per unit Manufacturing Direct materiale $ 24 Direct labor Variable manufacturing overhead SS Variable selling and administrative 1 Tixed conte per years Fixed manufacturing overhead 5.440,000 Tixed selling and administrative expenses $ 200,000 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 $66 per unit Required: 1. Compute the company's break even point in unit salos 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 obsorption costing: a Compute the unit product cost for Year 1 Year 2 and Year 3 b. Prepare an income statement for Yoar 1 Year 2, and Year 3

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