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 $$21$

Direct labor $$13$

Variable manufacturing overhead $$8$

Variable selling and administrative $$1$

Fixed costs per year:

Fixed manufacturing overhead

$$600,000$

Fixed selling and administrative expenses $$240,000$

During its first year 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 product is $$57$ per unit.

Required:

Compute the company's break$-$even point in unit sales.

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 $3.$

Answer is complete but not entirely correct.

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

Req $2A$

Prepare an income statement for Year $1,$ Year $2,$ and Year $3.$ Assume the company uses absorption costing. $($Round your

intermediate calculations to $2$ decimal places.$)$