Sales $ 1,170,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 46 Variable administrative expense per pair of skis $ 17 Total fixed selling expense $ 150,000 Total fixed administrative expense $ 115,000 Beginning merchandise inventory $ 75,000 Ending merchandise inventory $ 105,000 Merchandise purchases $ 320,000 Prepare a contribution format income statement for the quarter ended March 31