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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 :
Seles
Selling price per palr of skis
Varlable selling expense per pair of skis
Varlable adninistrative expense per pair of skis
Total fixed selling expense
Total fixed administrative expense
Degiming merchandise inventory
Ending merchandise inventory
Merchandise purchases
Anount
$
$
$
$
$
Required:
Prepare a traditional income statement for the quarter ended March
Prepare a contribution format income statement for the quarter ended March
What was the contribution margin per unit?
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Prepare a contribution format income statement for the quarter ended March
tableThe Alpine House, IncorporatedContribution Format Income StatementSales$Variable expenses:Cost of goods sold,,Selling expenses,,,,Administrative expenses,,,, AFixed expenses:Selling expenses,,,,Administrative expenses,,,,
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