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The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 3 1

The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Amount
Sales $ 1,232,000
Selling price per pair of skis $ 440
Variable selling expense per pair of skis $ 48
Variable administrative expense per pair of skis $ 17
Total fixed selling expense $ 135,000
Total fixed administrative expense $ 100,000
Beginning merchandise inventory $ 75,000
Ending merchandise inventory $ 110,000
Merchandise purchases $ 300,000 Prepare a contribution format income statement for the quarter ended March 31.

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