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25 The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:

Sales.

$ 1, 428,000

Selling price per pair of skis	$ 420
Variable selling expense per pair of skis	$ 48
Variable administrative expense per pair of skis	$ 19
Total fixed selling expense	$ 140,000
Total fixed administrative expense	$ 105,000
Beginning merchandise inventory	$ 65,000
Ending merchandise inventory	$ 105, 000
Merchandise purchases	$ 315,000

Required:

1. Prepare a traditional income statement for the quarter ended March 31.
2. Prepare a contribution format income statement for the quarter ended March 31.
3. What was the contribution margin per unit?

3 Glew Corporation has provided the following Information;

	Cost per Cost per Unit	Period
Direct materials	$ 6.00
Direct labor	$ 3.35
Variable manufacturing overhead	$ 1.75
Fixed manufacturing overhead		$ 8,800
Sales commissions	$ 1.00
Variable administrative expense	$ 0.40
Fixed selling and administrative expense		$ 4,000

For financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to:

Glew Corporation has provided the following information. For financiaf reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to Multiple choice $6.400 $9.600 The-Alpine Houso, incorporated, is a large retaller of snow skis. The company ossembled the information shown below for the quarter ended March 31 : Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution mergin per unit? Complete this question by entering your answers in the tabs below. Prepare a traditional income statement for the quarter ended March 31 . Multiple Cholce $6,400 $9,600 $4,000 $5,600

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