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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: Required
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar. Contribution margin per unit Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar. Contribution margin per unit Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar. Contribution margin per unit Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest whole dollar. Contribution margin per unit 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 $ 924,000 Variable expenses: 0 Cost of goods sold Selling expenses Administrative expenses Contribution margin Fixed expenses: Selling expenses Administrative expenses The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information sh March 31: Amount 924,000 Sales Selling price per pair of skis 420 Variable selling expense per pair of skis 49 17 Variable administrative expense per pair of skis Total fixed selling expense 130,000 Total fixed administrative expense 115,000 80,000 Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 115,000 $ 300,000 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 64 64 64 64 64 64 64 64 64 $ $
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