3 Amount $ 1,320,000 $ 440 $ 47 $ 18 $ 135,000 $ 105,000 $ 75,000 $ 115,000 $ 300,000 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 2 points 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? Answer is complete but not entirely correct. 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, Inc. Traditional Income Statement $ Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses 1,320,000 260,000 1.060,000 S 271.300 The Alpine House, Inc. Traditional Income Statement $ 1,320,000 260,000 1,060,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses $ 271,300 X 157,200 428,500 631,500 Net operating income $ The Alpine House, Inc. Contribution Format Income Statement Sales $ 1,320,000 $ Variable expenses: Cost of goods sold Selling expenses Administrative expenses 260,000 136,300 X 52,200 448,500 871,500 X Contribution margin Fixed expenses: Selling expenses Administrative expenses 135,000 105,000 240,000 631,500 X Net operating income $ $ 3 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 $ 1,320,000 440 $ 47 18 $ 135,000 $ 105,000 $ 75,000 $ 115,000 $ 300,000 its 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 3. What was the contribution margin per unit? Answer is complete but not entirely c. 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 Contribution margin per unit $ 291