Variable expenses: Fixed expenses: Contribution Format Income Statement 0 0 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 $ 1,364,000 $ $ ssssssssssssssss 440 49 17 $ 140,000 120,000 $ 75,000 $ $ 105,000 310,000