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10 10 3 The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended
10 10 3 The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: points 04:05:55 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Required: Amount $ 1,189,000 $ 410 $ 48 $ 18 $ 140,000 $ 105,000 $ 60,000 $ 120,000 $ 315,000 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 Complete this question by entering your answers in the tabs below. 10 points 04:05:26 Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. Sales Cost of goods sold Gross margin The Alpine House, Incorporated Traditional Income Statement $ 1,189,000 250,000 857,000 Selling and administrative expenses: Selling expenses Administrative expenses 145,046 145,046 Net operating income < Required 1 Required 2 >
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