Question: 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

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

$ 1,276,000

Selling price per pair of skis

$ 440

Variable selling expense per pair of skis

$ 46

Variable administrative expense per pair of skis

$ 16

Total fixed selling expense

$ 150,000

Total fixed administrative expense

$ 115,000

Beginning merchandise inventory

$ 65,000

Ending merchandise inventory

$ 110,000

Merchandise purchases

$ 290,000

Required:

1. I need a traditional income statement for the quarter ended March 31.

2. I need a contribution format income statement for the quarter ended March 31.

3. What was the contribution margin per unit?

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