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	$	150,000
Selling price per pair of skis	$	750
Variable selling expense per pair of skis	$	50
Variable administrative expense per pair of skis	$	10
Total fixed selling expense	$	20,000
Total fixed administrative expense	$	20,000
Beginning merchandise inventory	$	30,000
Ending merchandise inventory	$	40,000
Merchandise purchases	$	100,000

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 the question by entering your answers in the tabs but Hequired Reque 2 ured Prepare a traditional income talent for the quarter anded March 31 000 150 000 000 0.000 00 Omar Segunda 00 TO DOO 2.000 30 000 Bag Ada Tingnan S2000 E 1 22 Complete the question by entering vouwers in the tabs Hequired Required Required Prepare a traditional income statement for the quarter andet March Sales 000 150.000 90.000 50,000 Gross margin eing and deve . 00 Aditive expenses Se expenses Active Net operating income 10.500 2.000 20.000 20.000 e 1000 000 Complete this pastion by entering your answers in Recured: Hequired 2 Required Preparation format income tatement for the quar Babes Verde $150.000 Os 90.000 10 000 2.000 10000 0 0 0 OO 0 0 G