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 Manufacturings Direct material8 27 14 Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Pixed manufacturing overhead 510,000 Pixed selling and administrative expenses 210,000 During its first year of operations, Haas produced 60,000 units and sold 60,000 units. During ts second year of operations, it produced 75,000 units and sold 50,000 units. In its third y price of the company's product is $60 per unit ear, Haas produced 40,000 units and sold 65,000 units. The selling 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 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 1 Compute the company's break-even point in unit sales. Break-even unit sales Req 2A Req 2B Req 3A Req 38 units Req 2A > Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 3A Req 38 Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses variable costing. Year 1 Year 2 Year 3 Unit product cost C Req 1 Req 2B > Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 3A Req 38 Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses variable costing. Haas Company Variable Costing Income Statement Year 1 Year 2 Year 3 0 Net operating income (loss) Req 2A Req 3A Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Req 3A Req 3B 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.) Year 1 Year 2 Year 3 Unit product cos C Req 28 Req 3B stuteeHt Tor Year 1, Year 2, and Year 3. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 3A Req 38 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.) Haas Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Net operating income (loss) C Req 3A
