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Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements (L01-6] The Alpine House, Incorporated is a large retailer of snow skis. The company assembled the

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Exercise 1-15 (Algo) Traditional and Contribution Format Income Statements (L01-6] The Alpine House, Incorporated is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31 Sales Amount $ 1,066,000 Selling price per pair of skis $ 410 Variable selling expense per pair of skis $ 47 Variable administrative expense per pair of skis $ 17 Total fixed selling expense Total fixed administrative expense $ 135,000 $ 120,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 110,000 Merchandise purchases $ 295,000 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? Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement Selling and administrative expenses: Required 1 Required 2 Required 3 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Incorporated Contribution Format Income Statement Variable expenses: Fixed expenses: 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

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