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Variable Costing and Budgeting ( i ) Haas Company manufactures and sells one product. The following information pertains to each of the company's first three
Variable Costing and Budgeting i
Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations:
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During its first year of operations, Haas produced units and sold units. During its second year of operations, it produced units and sold units. In its third year, Haas produced units and sold units. The selling price of the company's product is $ per unit.
Required:
Compute the company's breakeven point in units sold.
Breakeven unit sales
units
Assume the company uses variable costing:
a Compute unit product costs for Year Year and Year
tableYear Year Year Unit product cost,,,
b prepare an income statement for year year year
a assume the company uses absorption costing
Compute unit product costs for year year year
b prepare an income statement for year year year
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