Question: please help, ACCT3170 Variable and Absorption Costing Unit Product Costs and Income Statements [LO1 2 , LO2 2) , L03 2] , L04 2 ]
please help, ACCT3170

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Variable and Absorption Costing Unit Product Costs and Income Statements [LO1 2 , LO2 2) , L03 2] , L04 2 ] Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Variable cost per unit: Manufacturing: Direct materials 20 Direct labour 12 Variable manufacturing overhead 4 Variable selling and administrative 2 Fixed costs per year: Fixed manufacturing overhead $960,000 Fixed selling and administrative expenses $240,000 Windows Ink WorkspaceDuring 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 selling price of the company's product is $58 per unit. Required: 1. Compute the company's break-even in point in units sold. 2. Assume the company uses variable costing: a. Compute unit product costs for Year 1, Year 2, and Year 3. b. Prepare an income statement for Year 1, Year 2, and Year 3
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