Haas Company manufactures and sells one product. The following information pertains to each of the...
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Accounting
Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations $ 21 $ 13 54 $2 Variable conto per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Fixed manufacturing overhead $ 330,000 Fixed selling and administrative expenses $ 150,000 During its first year of operations, Haas produced 40,000 units and sold 40,000 units. During its second year of operations, it produced 55,000 units and sold 30,000 units. In its third year, Haas produced 20,000 units and sold 45,000 units. The selling price of the company's product is $52 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 1. 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 Red 2A Reg 28 Reg 3A Reg 38 Compute the company's break-even point in unit sales. Break-even unitate units Red Req2A >

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