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	$	968,000
Selling price per pair of skis	$	440
Variable selling expense per pair of skis	$	46
Variable administrative expense per pair of skis	$	19
Total fixed selling expense	$	140,000
Total fixed administrative expense	$	130,000
Beginning merchandise inventory	$	65,000
Ending merchandise inventory	$	115,000
Merchandise purchases	$	300,000

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?

The Alpine House, Inc.
Traditional Income Statement
Selling and administrative expenses:

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

Contribution margin per unit