4. (8 points) The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:

	Amount
Sales	$	166,400
Sales in units		208 pairs
Selling price per pair of skis	$	800
Variable selling expense per pair of skis	$	42
Variable administrative expense per pair of skis	$	10
Total fixed selling expense	$	23,000
Total fixed administrative expense	$	28,000
Beginning merchandise inventory	$	40,000
Ending merchandise inventory	$	30,000
Merchandise purchases	$	115,000

Note: to calculate COGS you will need to use the following equation: Beg. Merch. Inventory + Merch. Purchases End. Merch. Inventory. COGS is a variable expense.

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?