omework Saved 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 $25 $16 $5 $2 Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year 300,000 Fixed manufacturing overhead 80,000 Fixed selling and administrative expenses 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 ts third year, Haas produced 40.000 units and sold 65,000 units. The selling price of the company's product is $56 per unit Required: 1 Compute the company's break-even point in units sold Prey 10f 3 : Next > ch acer Required 1. Compute the company's break-even point in units sold Break-even unit sale units 2. Assume the company uses variable costing: a. Compute the unit product cost for year 1, year 2, and year 3, Year 1 Year 2 ear3 Unit product cost b. Prepare an income statement for year 1, year 2, and year 3. Prev 1 of 3 rch b. Prepare an income statement for year 1 year 2, and year 3 Haas Company Variable Costing Income Statement Year 1 Year 2 Year 3 Variable expenses: Total variable expenses Fixed expenses: Total fixed expenses Net operating income (loss) Prey1 of 3 ch 3. Assume the company uses absorption costing a. Compute the unit product cost for year 1, year 2, and year 3. (Round your intermediate and final answers to 2 decimal places.) Tear ear Yeaf Unit product cost b. Prepare an income statement for year 1, year 2, and year 3. (Round your intermediate calculations to 2 decimal places.) Haas Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Prev 1 of 3Next ch acen F3 b. Prepare an income statement for year 1, year 2, and year 3. (Round your intermediate calculations to 2 decimal places.) Haas Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Net operating income (loss) Prey 1 of 3Next> arch acer F3 F4 F5 F6 F7 F8 F10