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	$	861,000
Selling price per pair of skis	$	410
Variable selling expense per pair of skis	$	49
Variable administrative expense per pair of skis	$	18
Total fixed selling expense	$	150,000
Total fixed administrative expense	$	130,000
Beginning merchandise inventory	$	75,000
Ending merchandise inventory	$	110,000
Merchandise purchases	$	295,000

Required:

1. Prepare a traditional income statement for the quarter ended March 31.

The Alpine House, Inc.
Traditional Income Statement
Sales		$861,000
Cost of goods sold
Gross margin
Selling and administrative expenses:
		0

2. Prepare a contribution format income statement for the quarter ended March 31.

The Alpine House, Inc.
Contribution Format Income Statement
Variable expenses:
		0
Fixed expenses:
		0

3. What was the contribution margin per unit?