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The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the a ended March 31: Sales

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The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the a ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,144,000 $ 440 $ 46 $ 18 $ 145,000 $ 115,000 $ 60,000 $ 110,000 $ 310,000 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. 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 Sales $ 1,144.000 Cost of goods sold 260,000 Gross margin 884,000 Selling and administrative expenses: Selling expenses $ 264,600 Administrative expenses 161,800 Net operating income 426,400 457,600 $ Requimd Required 2 > 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 Sales $ 1,144,000 Variable expenses: Selling expenses Administrative expenses $ 119,600 46,800 166,400 977,600 Contribution margin Fixed expenses: Selling expenses Administrative expenses 145,000 115,000 Net operating income 260,000 717,600 $ Required 1 Required 3 > 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 279

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