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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: Variable costs per unit:

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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: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Pixed manufacturing overhead Fixed selling and administrative expenses 20 12 3 1 $ $ 390,000 $ 210,000 During its first year of operations, Haas produced 50,000 units and sold 50,000 units. During its second year of operations. It produced 65,000 units and sold 40,000 units. In its third year, Haas produced 30,000 units and sold 55,000 units. The selling price of the company's product is $48 per unit. 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 Your 1, Year 2, and Year 3. Complete this question by entering your answers in the tabs below. During its first year of operations, Haas produced 50,000 units and sold 50,000 units. During its second produced 65,000 units and sold 40,000 units. In its third year, Haas produced 30,000 units and sold 55, the company's product is $48 per unit. 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. Reg 1 Reg 2A Req 2B Reg 3A Reg 3B Compute the company's break-even point in unit sales. Break-even unit sales 50,000 units Req 2A > During its first year of operations, Haas produced 50,000 units and sold 50,000 units. During its second year of operations produced 65,000 units and sold 40,000 units. In its third year, Haas produced 30,000 units and sold 55,000 units. The sell the company's product is $48 per unit. 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. Reg 1 Reg 2A Req 28 Reg 3A Reg 38 Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses variable costing. Unit product cost Year 1 S Year 2 Year 3 35 $ 357 $ 35 Reg 1 Req 2A Reg 28 Req Req 3B 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 Sales $ 2,400,000 $ 1,920,000 $ 2,640,000 Variable expenses Variable cost of goods sold Variable selling and administrative 0 0 0 2,640,000 2,400.000 1.920,000 Total variable expenses Contribution margin Fixed expenses Fixed manufacturing overhead Fixed selling and administrative Total fixed expenses Net operating income (loss) 0 0 0 $ 2,400,000 $ 1,920,000 $ 2,640,000 roduced 65,000 units and sold 40,000 units. In its third year. Haas produced 30,000 units and sold 55,000 units. The sell the company's product is $48 per unit. 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. Reg 1 Reg 2A Reg 28 Reg 3A Reg 38 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 cost 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. Reg 1 Reg 2A Reg 2B Reg 3A Reg 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 Conting Income Statement Year 1 Yoar 3 Year 2 0 0 0 Net operating income foss) $ 0 $ os 0 ( Req 3A RGB

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