However many or few engine failures you get, in final or whenever or wherever, there is no phase or flight where one cannot possibly happen. Always have a plan B, remember?
There is not a single reason to NOT come in fairly high, cut power as soon as certainly within gliding distance from the threshold, and sideslip off the excess altitude so as to touch down on the numbers. Crosswind or no - only, if there IS a crosswind, make sure your sideslip is on the right side.