Crazy Canucks is a small, family$-$owned retailer specializing in alpine ski and snowboard equipment located in Squamish, B$.$C$.$ An income statement for the ski department$$s most recent month is shown below.

CRAZY CANUCKS

Income Statement$$Crazy Canucks

For the Month Ended January $31$

Sales $ $327,000$

Cost of goods sold $196,200$

Gross margin $130,800$

Selling and administrative expenses:

Selling expenses $ $65,400$

Administrative expenses $21,80087,200$

Operating income $ $43,600$

Skis sell, on average, for $$1,500$ per pair. Variable selling expenses are $$168$ per pair of skis sold. The remaining selling expenses are fixed. The administrative expenses are $20\%$ variable and $80\%$ fixed. The company purchases its skis from several suppliers at an average cost of $$900$ per pair.

equired:

$1.$ Prepare an income statement for the month using the contribution approach.

$2.$ For every pair of skis sold during January, what was the contribution toward covering fixed expenses and toward earning profits?

$.$ What would the total contribution margin be in a month where $168$ pairs of skis were sold?