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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 31: AmountSales$ 989,000Selling price per pair of skis$ 430Variable selling expense per pair of skis$ 49Variable administrative expense per pair of skis$ 18Total fixed selling expense$ 150,000Total fixed administrative expense$ 110,000Beginning merchandise inventory$ 75,000Ending merchandise inventory$ 115,000Merchandise purchases$ 320,000 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?

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