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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales

The Alpine House, Inc., 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 Amount $ 1,276,000 $ 440 Variable selling expense per pair of skis $ 48 Variable administrative expense per pair of skis 19 Total fixed selling expense $ 160,000 Total fixed administrative expense $ 130,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 105,000 Merchandise purchases 290,000 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses ces 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 Selling price per pair of skis Variable selling expense per pair of skis $ 1,276,000 $ 440 $ 48 Variable administrative expense per pair of skis 19 Total fixed selling expense $ 160,000 Total fixed administrative expense $ 130,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 105,000 Merchandise purchases $ 290,000 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Inc. Contribution Format Income Statement Variable expenses Fixed expenses: 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 fixed selling expense Sales Selling price per pair of skis Variable selling expense per pair of skis Total fixed administrative expense 1,276,000 440 48 Variable administrative expense per pair of skis 19 $ 160,000 $ 130,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 105,000 Merchandise purchases $ 290,000 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar.) Contribution margin per unit

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