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The Alpine House, Incorporated, is a large retailer of snow skls. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 150,000 Selling price per pair of skis $ 750 Variable selling expense per pair of skis $ 50 Variable administrative expense per pair of skin $ 10 Total fixed selling expense $ 20,000 Total fixed administrative expense $ 20,000 Beginning merchandise inventory $ 30,000 Ending merchandise inventory $ 40,000 Merchandise purchases $ 100,000 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? 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 onder March 71 Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. $ 150,000 90,000 60,000 The Alpine House, Incorporated Traditional Income Statement Sales Ending merchandise inventory Gross margin Selling and administrative expenses: Fixed manufacturing overhead 20,000 Administrative expenses 20,000 Variable manufacturing overhead 10,000 Administrative expenses 2,000 Net operating income 52,000 8,000 $ Required Required 2 > Prepare a contribution format income statement for the quarter ended March 31. 150,000 The Alpine House, Incorporated Contribution Format Income Statement Sales Variable expenses Cost of goods sold $ 90,000 Beginning merchandise inventory 30,000 Purchases 100,000 Cost of goods sold 130,000 Ending merchandise inventory (40,000) Contribution margin Fixed expenses: Fixed manufacturing overhead 20,000 Selling expenses 20,000 Administrative expenses 40,000 Fixed manufacturing overhead (40,000) Net operating income 310,000 48,000 40,000 8,000 $ Required 1 Required 2 Required 3 What was the contribution margin per unit? Contribution margin per unit 240