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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the March 31: Sales Selling price

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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the 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 $ 1,280, eee $ 400 $ 46 18 $ 135,00 $ 119,00 $ se, noe 105,000 285,000 $ 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 10 points Prepare a traditional Income statement for the quarter ended March 31. $ 1.280,000 260,000 1,020,000 The Alpine House, Inc. Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses IS 147,200 X Beginning merchandise 135,000 inventory Ending merchandise inventory X 57,600 Administrative expenses 110,000 Net operating income x x X 449,800 S 570.200 Required 2 > C Complete this question by entering your answers in the 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 $ 1.280,000 x x 0 Variable expenses Cost of goods sold Selling expenses Administrative expenses Variable manufacturing overhead Fixed manufacturing overhead Contribution margin Fixed expenses: Fixed manufacturing overhead Selling expenses Administrative expenses Fixed manufacturing overhead Net operating income x x 0

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