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Crane Inc. has sales of $ 2 , 0 8 0 , 0 0 0 for the first quarter of 2 0 2 7 .

Crane Inc. has sales of $2,080,000 for the first quarter of 2027. In making the sales, the company incurred the following costs and
expenses.
Prepare a CVP income statement for the quarter ended March 31,2027.
CRANE INC.
CVP Income Statement
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