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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: $
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 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 968,000 440 47 20 135,000 115,000 60,000 105,000 295,000 $ $ 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. Contribution Format Income Statement Required 1 Required 2 Required 3 Variable expenses Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc. Traditional Income Statement Fixed expenses: Selling and administrative expenses: 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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