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Winter Leisure is a retailer of snowboards. The information below is for the quarter ended...

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Accounting

Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31:
\table[[,Amount,],[Total sales revenue,$1,156,000,],[Selling price per snowboard,$,340],[Variable selling expense per snowboard,$,50],[Variable administrative expense per snowboard,$,20],[Total fixed selling expense,$290,000,],[Total fixed administrative expense,$260,000,],[Merchandise inventory, beginning balance,$95,000,],[Merchandise inventory, ending balance,$115,000,],[Merchandise purchases,$356,000,]]
Required:
Prepare a traditional income statement for the quarter ended December 31,
Prepare a contribution format income statement for the quarter ended December 31.
What was the contribution toward fixed expenses and profits for each snowboard sold during the que intermediate calculations. Round your final answer to nearest whole dollar.)
Contribution
per snowboard
image

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