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 $1,240,000 400 48 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 $ $ $ 160,000 105.000 75,000 115,000 290,000 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? The Alpine House, Inc. Contribution Format Income Statement $ 1,240,000 Sales | $ Variable expenses: Cost of goods sold Selling expenses Administrative expenses Fixed manufacturing overhead 250,000 148,800 46,500 445,300 Fixed expenses: Selling expenses Administrative expenses Selling expenses 160,000 105,000 265,000 Prepare a traditional income statement for the quarter ende The Alpine House, Inc. Traditional Income Statement $ 1,240,000 250,000 990,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Ending merchandise inventory $ 308,800 151,500 460,300 920,600 Net operating income