Question: 3B only please Homework 0 Problem 7-18 Variable and Absorption Costing Unit Product Costs and Income Statements [LO7-1, LO7 2) Haas Company manufactures and sells

3B only please  3B only please Homework 0 Problem 7-18 Variable and Absorption Costing

Homework 0 Problem 7-18 Variable and Absorption Costing Unit Product Costs and Income Statements [LO7-1, LO7 2) 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 uniti Ranufacturings Variable nanafacturing everhead Variable se1ling and administrative rixed coats per yeara Pixed masufacturing overhead rixed selling and administrative expenses140,000 220,000 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 $54 per unit. L 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 compary 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 questien by entering your answers in the tabs below.

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