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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

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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 Sales Selling price per pair of skis Variable selling expense per pair of skis $ 1,218,000 $ 420 $ 50 Variable administrative expense per pair of skis $ 18 Total fixed selling expense $ 140,000 Total fixed administrative expense $ 110,000 Beginning merchandise inventory $ 60,000 Ending merchandise inventory $ 105,000 $ 315,000 Merchandise purchases 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 31.1 The Alpine House, Inc. Traditional Income Statement ates $1,218,000 Cost of goods sold Cross margin Desing and administrative expenses Selling expenses Administrative expenses Net operating income Required 2 >> Next >>

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