Problem 7-18 Variable and Absorption Costing Unit Product Costs and Income Statements (L07-1, LO7. 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 unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year! Fixed sanufacturing Overhead Fixed selling and administrative expenses $ $ 390,000 210,000 During its first year of orations, Haas produced 50,000 units and sold 50.000 units. During its second year of operations, it produced 65.000 units sold 40.000 units. In its third year, Haas produced 30,000 units and sold 55.000 units. The selling price of the company's product48 per unit Required: 1. Compute the comps break-even point in unit sales 2. Assume the compuses variable costing a. Compute the unit oduct cost for Year 1 Year 2. and Year 3. Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses variable costing. Year 1 Year 2 Year 3 Unit product costs 51 Haas Company Variable Costing Income Statement Year 1 Year 2 Year 3 Sales TOTT Net operating incom 0 $ References Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses absorption cosung. (Rom your intermediate calculations and final answers to 2 decimal places.) Year 1 Year 2 Year 3 Unit product cost Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses absorption costing (Round your intermediate calculations to 2 decimal places.) eBook D References Haas Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Net operating income foss)