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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 1, 344,000 420 47 19 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Tot al fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 150,000 100,000 70,000 105,000 290,000 $ $ 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, Inc. 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, Inc. 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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