Exercise $1-15($Algo$)$ Traditional and Contribution Format Income Statements $[$L$01-6]$

The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter

ended March $31$:

Required:

Prepare a traditional income statement for the quarter ended March $31.$

Prepare a contribution format income statement for the quarter ended March $31.$

What was the contribution margin per unit? Answer is not complete.

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 $31.$

$\backslash$table$[[$The Alpine House, Incorporated$],[$Traditional Income Statement$],[$Sales$,0,$$$,1,204,000],[$Cost of goods sold,$\backslash$theta $,,],[$Gross margin,$,,],[$Selling and administrative expenses:$],[$Selling expenses$],[$Administrative expenses,$\backslash$theta $,,],[$Selling expenses,,,$0],[$Net operating income,$,,]]$ Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Prepare a contribution format income statement for the quarter ended March $31.$

$\backslash$table$[[$The Alpine House, Incorporated$],[$Contribution Format Income Statement$],[$Sales$,,,],[$Variable expenses:$],[$Cost of goods sold,$*),,],[$Selling expenses,$*),,],[$Administrative expenses,$,,],[$Variable manufacturing overhead x$],[,,,0],[$Contribution margin,$*,,],[$Fixed expenses:$],[$Fixed manufacturing overhead,x$,,],[$Selling expenses,Q$,,],[$Administrative expenses,O$/,,],[$Fixed manufacturing overhead,x$,,0],[$Net operating income,$*),,]]$Answer is not complete.

Complete this question by entering your answers in the tabs below.

What was the contribution margin per unit? $($Round your final answer to nearest whole dollar.$)$