The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended June 30: 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 2a. Prepare a traditional income statement. (10 points) 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 $2,00,000.0 $800.0 $100.0 $20.0 $25,000.0 $15,000.0 $25,000.0 $30,000.0 $1,00,000.0 $2,00,000 $95,000 $1,99,953 $50,000 $35,000 $20,000 no of units sold= 250

The Alpine House, Inc, is a large retailer of snow skis. The company assembled the information shown below for the 2b. Prepare a contribution format income statement. (10 points)