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 $ 840,000

Selling price per pair of skis $ 400

Variable selling expense per pair of skis $ 45

Variable administrative expense per pair of skis $ 16

Total fixed selling expense $ 135,000

Total fixed administrative expense $ 125,000

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?