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Accounting 2b,3A,3B

Haas Company manufactures and sells one product. The following information pertains to each of the company's fist three years of operations Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead 26 18 Fixed costs per year: Fixed manufacturing overhead rixedelling and administrative expenses $ so, ooo 390,000 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, Haas produced 40,000 units and sold 65,000 units. The seling price of the company's product is $62 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 2A Req 28 Req 3A Req 3B Req 1 Prepare an income statement for Year 1, Year 2, and Year 3. Assume the compady uses variable cos Haas Company

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