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 $ 1,200,000 Selling price per pair of skis $ 400 Variable selling expense per pair of skis $ 47 Variable administrative expense per pair of skis $ 19 Total fixed selling expense $ 140,000 Total fixed administrative expense $ 105,000 Beginning merchandise inventory $ 65,000 Ending merchandise inventory $ 115,000 Merchandise purchases $ 280,000

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?

Options:

Administrative expenses Beginning merchandise inventory Cost of goods sold Direct labor Direct materials Ending merchandise inventory Fixed manufacturing overhead Indirect labor Indirect materials Manufacturing overhead Purchases Sales Selling expenses Variable manufacturing overhead

Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement Selling and administrative expenses: Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement co mandadministrativo Ano Gross margin Gross loss 0 Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement Selling and administrative expenses: 0 Required Required 2 > Net operating income Net operating loss 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: 0 Fixed expenses: 0 Complete this question by entering your answers in the tabs below. 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