The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the...

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Accounting

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 $ 1,012,000

Selling price per pair of skis $ 440

Variable selling expense per pair of skis $ 49

Variable administrative expense per pair of skis $ 18

Total fixed selling expense $ 140,000

Total fixed administrative expense $ 120,000

Beginning merchandise inventory $ 75,000

Ending merchandise inventory $110,000

merchandise purchases $285,000

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?

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Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement 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 margin per unit? Complete this question by entering your answers in the tabs below. Prepare a traditional income statement for the quarter ended March 31. Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement 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 margin per unit? Complete this question by entering your answers in the tabs below. Prepare a traditional income statement for the quarter ended March 31

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