Question: ( 8 points ) The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter
points The Alpine House, Inc., is a large retailer of snow skis. The company
assembled the information shown below for the quarter ended March :
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:
Prepare a traditional income statement for the quarter ended March
Prepare a contribution format income statement for the quarter ended March
What was the contribution margin per unit? Please hand write
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