options :

Administrative expenses

Beginning merchandise inventory

Cost of goods sold

Direct labor

Direct materials

Ending merchandise inventory

Fixed manufacturing overhead

Indirect labor

Indirect materials

Manufacturing overhead

Purchases

Sales

Selling expenses

Variable manufacturing overhead
 

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. 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 Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 1,462,000 $ 430 $48 Sales Variable expenses: Cost of goods sold Selling expenses Administrative expenses 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? Contribution margin Fixed expenses: $20 $ 145,000 $ 125,000 Complete this question by entering your answers in the tabs below. < Required 1 $ 80,000 $ 120,000 $ 285,000 Required Required Required 1 2 3 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Incorporated Contribution Format Income Statement $ $ 1,462,000 0 0 Required 3 >