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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: Amount
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 $ 15e.ee 750 50 Si of skis 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 20, 29.999 39.989 40, $ 180. 150.000 The Alpine House, Inc. Contribution Format Income Statement Sales $ Variable expenses Cost of goods sold $ 90,000 Selling expenses Administrative expenses 20.000 110.000 Contribution margin Foced expenses: Selling expenses Administrative expenses 20.000 20.000 Net operating income
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