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req 1, req2 A, req2B, req 3A, req3B 1 Problem 6-18 Variable and Absorption Costing Unit Product Costs and Income Statements [LO6-1, Lo6- 2) 10
req 1, req2 A, req2B, req 3A, req3B
1 Problem 6-18 Variable and Absorption Costing Unit Product Costs and Income Statements [LO6-1, Lo6- 2) 10 points Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: eBook Variable costs per unit: Manufacturing: 27 19 Direct materials Direct labor Print Variable manufacturing overhead Variable selling and administrative Reference Fixed costs per year: $460,000 Fixed manufacturing overhead Fixed selling and administrative expenses 240,000 During its first year of operations, Haas produced 100,000 units and sold 100,000 units. During its second year of operations, it produced 115,000 units and sold 90,000 units. In its third year, Haas produced 80,000 units and sold 105,000 units. The selling price of the company's product is $58 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 Req 1Req 2AReq 2B Req 3A Req 3B Compute the company's break-even point in unit sales Break-even unit units sales Req Req 2A >
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