Problem $6-18($Algo$)$ Variable and Absorption Costing Unit Product Costs and Income Statements $[$LO$6-1,[06-2]$

Haas Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations:

Varlable costs per unit:

$,$Manufacturing:

$,,$Direct matertals $$27$

$,,$Direct labor $19$

$,,$Variable manufacturing overhead

$,$Varlable selling and adninistrative

Fixed costs per year:

$,$Fixed nanufacturing overhead $ $$460,000$

$,$Fixed selling and adninistrative expenses $,$$$240,600$

During its first year of operations, Haas produced $100,000$ units and sold $100,000$ units. During its second year of operations, It produced $115,000$ units and sold $90,000$ units, In its third year, Haas produced $80,000$ units and sold $105,000$ units. The seling price of the company's product is $$58$ per unit.

Required:

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 $3.$

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 $3.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

$\backslash$table$[[,$Required $3$A$]]$

Prepare an income statement for Year $1,$ Year $2,$ and Year $3.$ Assume the company uses absorption costing.

Note: Round your intermediate calculations to $2$ decimal places.

$\backslash$table$[[$Haas Company$],[$Absorption Costing Income Statement$],[,,$Year $1,$Year $2,$Year $3],[$Sales$,0,5,800,000o.,5,220,000,56,000,000\frac{O}{?}$