Current Attempt in Progress CraneManufacturing Inc. had sales of $2.75 million for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses: Variable Fixed Cost of goods sold $913,500 $449,000 Selling expenses 73,000 40,000 Administrative expenses 87.500 99,000 Prepare a CVP income statement for the quarter ended March 31, 2022. CRANE MANUFACTURING INC. CVP Income Statement For the Quarter Ended March 31, 2022 Sales Variable costs +A $ Activate W Go to Settings Prepare a CVP income statement for the quarter ended March 31, 2022. CRANE MANUFACTURING INC. CVP Income Statement For the Quarter Ended March 31, 2022 Sales Variable costs Contribution margin Fixed costs > > Operating income $ 67 > $