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	$ 943,000
Selling price per pair of skis	$ 410
Variable selling expense per pair of skis	$ 46
Variable administrative expense per pair of skis	$ 17
Total fixed selling expense	$ 150,000
Total fixed administrative expense	$ 125,000
Beginning merchandise inventory	$ 65,000
Ending merchandise inventory	$ 105,000
Merchandise purchases	$ 290,000

Required (Hint: there are more lines than you need in the tables below - some lines will remain blank):

1. Prepare a traditional income statement for the quarter ended March 31. (Hints: (1) you will need to calculate the number of units from the sales information above; (2) if you don't remember how to calculate Cost of Goods Sold from the information above, see p. 43 in your book.)

2. Prepare a contribution format income statement for the quarter ended March 31.

3. What was the contribution margin per unit?

Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses 0 Net operating income $ 311,200 Required 1 Required 2 Required 3 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Incorporated Contribution Format Income Statement Variable expenses: Selling expenses Administrative expenses 105,800 39,100 144,900 Cost of goods sold Contribution margin Fixed expenses: Selling expenses Administrative expenses 150,000 125,000 275,000 Net operating income Required 1 Required 2 Required 3 What was the contribution margin per unit? (Round your final answer to nearest who Contribution margin per unit