Haas Company manufactures and sells one product. The following information pertains to each of the...

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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: Fixed manufacturing overhead Fixed selling and administrative expenses $ $ $ $ 29 21 5 1 $ 330,000 $ 150,000 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 its third year, Hoas produced 40.000 units and sold 65,000 units. The selling price of the company's product is $64 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 nd 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. Regi Reg 2A Reg 2B Reg Req 3B Compute the company's break-even point in unit sales Break even unit Sales units Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 2B Reg 3A Req 3B 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 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 Req 2A Reg 2B Req 3A 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 Net operating income (loss) uring its first year of operations, Haas produced 60,000 units and sold 60,000 roduced 75,000 units and sold 50,000 units. In its third year, Haas produced 40, the company's product is $64 per unit. Required: 1. Compute the company's break-even point in uhat 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 Req 2A Reg 2B Req Reg 3B Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses a intermediate calculations and final answers to 2 decimal places.) Year 1 Year 2 Year 3 Unit product cost here to search 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 Req 2A Req 2B Req 3B Req Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses absorption intermediate calculations to 2 decimal places.) Haas Company Absorption Costing Income Statement + Year 1 Year 2 Year 3 Net operating income (loss)

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