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.

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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$

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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.

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Required:

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

$$have number $1$ completed need help with $2$ and $3$

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

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$3.$ What would the total contribution margin be in a month where $168$ pairs of skis were sold?

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