2 Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6 The Alpine House, Inc, is a large retailer of snow skis. The company assembled the March 31 information shown below for the quarter ended 3.33 points Sales Selling price per pair of kin s 150,000 750 50 10 20,000 5 20,000 s 30,000 5 40,000 100.000 Variable selling expense per pair of skiss Variable adninistrative expense per pair of skis Total fixed selling expense Total fixed adninistrative expense Prine nerchandise inventory Ending merchandise inventory Merchandise purehases 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 unt