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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 S 150,000 Sales Selling price per pair of akis Variable se|ling expense per pair of akis Variable adminiatrative expenae per pair of akia Total fixed selling expenae Total fixed adminiatrative expense Eeginning merohand i se inventory Ending merohand i se inventory Merohandise purchases 750 50 10 20,000 S 20,000 0,000 40,000 S100,000 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses
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