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 Meginning merchandise inventory Ending merchandise Inventory Merchandise purchases Amount $ 1,218,000 5 420 $ 47 $ 19 $ 155,000 9 125,000 $ 75,000 $ 110,000 $ 205,000 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? Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Sales 1,218,000 Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Selling expenses Administrative expenses Net operating income 0 Prepare a contribution format income statement for the quarter ended March 31 The Alpine House, Inc. Contribution Format Income Statement $ 1,218,000 Sales Variable expenses: Selling expenses Administrative expenses Variable manufacturing overhead $ 280,000 136,300 52,200 468,500 Fixed expenses: Selling expenses Administrative expenses 140,000 105,000 245,000