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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 31: Sales
The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per of is Variable selling expense per pair of skis Variable administrative expense per pair of skis Tatal fixed selling expense Total Fixed ministrative expense Beginning merchandise inventory Ending chandise inventory Merchandise purchases About $ 1,350,000 5450 ts 27 1145,000 $ 115,000 560,00 $ 115,00 39.000 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 margini per unit? Complete this question by entering your answers in the tabs below. Required Required 2 Rewind Prepare traditional income statement for the quarter anded March The Alpine Huncorporated Traditional income Start ng at Check my work 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 Prepare a traditional Income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional income Statement Selling and administrative expenses 0 Itaquired 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 Prepare a contribution format Income statement for the quarter ended March 31. The Alpine House, Incorporated Contribution Format Income Statement Variable expenses Fixed expenses 0 Amount Sales $1,350,00 Selling price per pair of skis $450 Variable selling expense per pair of skis $ 58 Variable administrative expense per pair of skis $ 17 Total fixed selling expense $ 145,000 Total fixed administrative expense $ 115,00 Beginning merchandise inventory $ 60, een Ending merchandise inventory $ 115,000 Merchandise purchases $ 295.000 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 What was the contribution margin per unit? (Round your final answer to nearest whole dollar) Contribution margir per unit
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