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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: Durling Its first year

image text in transcribedimage text in transcribed Haas Company manufactures and sells one product. The following Information pertains to each of the company's first three years of operations: Durling Its first year of operations, Haas produced 60,000 unlts and sold 60,000 units. During its second year of operatlons, It produced 75,000 units and sold 50,000 unlts. In Its third year, Haas produced 40,000 units and sold 65,000 unlts. The selling price of the company's product is $58 per unlt. Required: 1. Compute the company's break-even point in unit sales. 2. Assume the company uses varlable 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 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. Prepare an income statement for Year 1 , Year 2, and Year 3. Assume the company uses variable costing. Required: 1. Compute the company's breakeven point in unit sales. 2. Assume the company uses varlable costing: a. Compute the unlt 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 costing: a. Compute the unlt 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. Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses variable costing

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