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Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6) The Alpine House, Inc, Is a large retailer of snow skis. The company assembled the information

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Exercise 1-15 Traditional and Contribution Format Income Statements [LO1-6) The Alpine House, Inc, Is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount 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 $ 861,000 410 49 17 $ 145,000 $ 105,000 $ 60,000 110,000 300,000 ok nces Beginning merchandine inventory Ending merchandise inventory Merchandise purchases 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

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