Crane Industries carries rio inventories. Its product is manufactured only when a customer's order is received. It is then shipped immediately after it is made. For its fiscal year ended October 31, 2022. Crane's break-even point was $1.34 million. On sales of $1.18 million, its income statement showed a gross profit of $189,400, direct materials cost of $405,000, and direct labor costs of $509,000. The contribution margin was $153,400, and variable manufacturing overhead was $48,000