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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
Sales $ 1,080,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 45
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 155,000
Total fixed administrative expense $ 120,000
Beginning merchandise inventory $ 70,000
Ending merchandise inventory $ 110,000
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?

Prepare a traditional income statement for the quarter ended March 31.

The Alpine House, Inc.
Traditional Income Statement
Sales $1,080,000
Cost of goods sold 250,000
Gross margin 830,000
Selling and administrative expenses:
0
Net operating income

Prepare a contribution format income statement for the quarter ended March 31.

The Alpine House, Inc.
Contribution Format Income Statement
Sales
Variable expenses:
Cost of goods sold
0
Contribution margin
Fixed expenses:
0
Net operating income

What was the contribution margin per unit? (Round your final answer to nearest whole dollar.)

Contribution margin per unit

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