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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: Sales

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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: 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 Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 840,000 408 46 18 $ 135,000 $ 120,000 $ 65,000 $ 115,000 $ 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? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. $ 840,000 (240,000) 600,000 The Alpine House, Inc. Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Selling expenses $ 96,600 Selling expenses X 135,000 Administrative expenses 37,800 Administrative expenses x 120,000 Net operating income 389,400 $ 210,600 Required Required 2 > tabs below. 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 Sales $ 840,000 Variable expenses: Cost of goods sold $ 240,000 Selling expenses 96,600 Administrative expenses 37.800 374,400 465,600 Fixed expenses: Selling expenses Administrative expenses 135,000 120,000 Net operating income 255,000 210,600

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