Ch. 1: Homework Saved 3 The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the March 31: 6 points eBook 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 Amount $ 1,218,000 $ 420 $ 45 $ 18 $ 145,000 $ 120,000 $ 70,000 $ 100,000 $ 310,000 Print References 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. Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Sales Cost of goods sold Gross margin $ 1,218,000 280,000 938,000 ME 3 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? 6 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Print References Prepare a traditional Income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement $ 1,218,000 280,000 938,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses 0 Required 2 > 3 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? 6 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Print References Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Inc. Contribution Format Income Statement Sales $ 1,218,000 Variable expenses: Cost of goods sold $ 280,000 280,000 Fixed expenses: Selling expenses Administrative expenses ME GEW D Ch. 1: Homework Saved 3 $1,218,000 420 45 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skia Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 6 points $ 145,000 120.000 $ 70,000 $ 100,000 $ 310,000 eBook 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? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar.) Contribution margin per unit 3 of 4
