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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 $ 1,144,000
Selling price per pair of skis $ 440
Variable selling expense per pair of skis $ 46
Variable administrative expense per pair of skis $ 17
Total fixed selling expense $ 140,000
Total fixed administrative expense $ 120,000
Beginning merchandise inventory $ 75,000
Ending merchandise inventory $ 110,000
Merchandise purchases $ 315,000

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?

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Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. $ 1,144,000 The Alpine House, Inc. Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Net operating income 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: 0 Fixed expenses: 0 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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