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View Policies Current Attempt in Progress Crane Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security

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View Policies Current Attempt in Progress Crane Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2022 is as follows. Unit selling price of security control $48 Unit variable costs $29 Total monthly fixed costs $124,800 Units sold 3,320 Prepare a CVP income statement for Crane Industries for the month of May. Provide per unit values and total values. Crane Industries CVP Income Statement For the Month Ended May 31, 2022 Total Per Unit $ Administrative Expenses Contribution Margin Cost of Goods Sold Fixed Costs Gross Profit Net Income/(Loss) Sales Selling Expenses Variable Costs e Textbook and Media Save for Later Attempts: 0 of 2 used Submit

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