During 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.
1. compute the company�s break-even point in units sold.
2. assume the company uses variable costing
a. compute the unit product cost for year 1, year 2, and year 3.
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. (round your intermediate and final answers to 2 decimal places.)
b. prepare an income statement for year 1, year 2, and year 3.

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions