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Crane. Inc is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows. Crane incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.40 per unit. Crane will incur fixed manufacturing costs of $921,600 and fixed nonmanufacturing costs of $1,382,400. Crane will sell its product for $4 per unit. (a) Determine the amount of net income Crane will report in each of the four quarters of 2020 , assuming actual sales are as projected and employing the integral approach to interim financial reporting. (Ignore income taxes.) Repeat the analysis under the discrete approech (Round answers to 0 decimal places, eg. 5,125.) Crane incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.40 per unit. Crane will incur fixed manufacturing costs of $921,600 and fixed nonmanufacturing costs of $1.382,400. Crane will sell its product for $4 per unit (a) Determine the amount of net income Crane will report in each of the four quarters of 2020, assuming actual sales are as projected and employing the integral approach to interim financial reporting. (Ignore income taxes.) Repeat the analysis under the discrete approach. (Round onswers to 0 decimal places es. 5,125.) eTextbook and Media Attempts: 0 of 3 used (b1) The parts of this question must be completed in order. This part will be avallable when you complete the part above

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