need help figuring out what these last few blanks could be on the traditional and contribution income statements; also the last part wants to know thw contribution each pair of skis made towards fixed expenses and profits

13 Exercise 2-13 Traditional and Contribution Format Income Statements (LO2-6] 0.46 points 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 Total sales revenue $1,125,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 50 Variable administrative expense per pair of skis $ 17 Total fixed selling expense $ 150,000 Total fixed administrative expense $ 115,000 Beginning merchandise inventory $ 70,000 Ending merchandise inventory $ 100,000 Merchandise purchases $ 300,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 13 Answer is complete but not entirely correct. 0.46 points The Alpine House, Inc. Traditional Income Statement $ 1,125,000 270,000 855,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Manufacturing overhead Indirect materials Net operating income 275,000 157,500 x 432,500 $ 422,500 13 * Answer is not complete. 0.46 points The Alpine House, Inc. Contribution Format Income Statement $ Sales 1,125,000 Variable expenses Cost of goods sold 270,000 Selling expenses 125,000 Administrative expenses 42,500 Variable manufacturing overhead Indirect materials 437,500 Contribution margin Fixed expenses: Selling expenses Administrative expenses Manufacturing overhead Indirect materials Net operating income 0 Administrative expenses Manufacturing overhead Indirect materials X 0 Net operating income 3. What was the contribution toward fixed expenses and profits for each pair of skis sold during the quarter? (Round your final answer to nearest whole dollar amount.) Contribution of each pair of skis was Cost of goods sold eBook 270,000 125,000 42,500 Hint Whe Administrative expenses References Beginning merchandise inventory 43 Cost of goods sold Direct labor 13 Contribution Format Income State Sales Variable expenses: Cost of goods sold 270,0 16 ints 125,0 Direct materials 42,5 Ending merchandise inventory Fixed manufacturing overhead eBook Hint Indirect labor References Indirect materials my CAPCICS Administrative expenses Cost of goods sold 270,000 125,000 Manufacturing overhead 42,500 Purchases ook Sales Hint Selling expenses erences Variable manufacturing overhead Administrative expenses Manufacturing overhead