Present the inventory section of Crane's balance sheet for the year just ended under variable costing. Beginning FG Inventory costs were the same as current period costs (per unit). Present the inventory section of Crane's bala costs were the same as current period costs Present Crane's income statement for this year in good form under variable costing. (List variable expenses before fixed expenses.) Sales Less : COGS Operating Expenses Contribution Margin Less : Fixed Expenses Manufacturing Operating Expenses Operating Income $ 406,000 Determine the cost per unit that would be capitalized as inventory under variable costing for this year. Cost per unit $ per unit Franz's supervisor asked him to prepare Crane Corporation's year-end results for its gaming chairs under variable costing instead of under the absorption costing method it had used for years (the company uses standard costing in both systems). Apparently, Crane is considering a change in methods for decision-making purposes. Franz's supervisor gave him the following information for Crane's most recently completed year. Actual costs were the same as budgeted costs for the gaming chairs this year