Preparing a Contribution Margin Income Statem The Alpine House, Inc. is a large retailer of winter sports equipment. uctions Here is an income statement for the company's ski department for a recent quarter. THE ALPINE HOUSE, INC. Income Statement-Ski Department For the Quarter Ended March 31 Sales $560,000 Less Cost of goods sold 390.000 170,000 Gross margin Less: Operating expenses Selling expenses $60,000 20.000 Administrative expenses 80.000 $ 90,000 Net income On average, skis sell for $700 per pair Variable selling expenses are $50 per pair of skis sold. The remaining selling expenses are fixe The company does not manufacture its own skis it purchases them from a supplier for $450 per pair Complete #1 & #2 ut pie This test allows 2 attempts. This is attempt number 1. attempts Force This test can be saved and resumed later. Type here to search 560.000 Administrative expenses 20.000 80.000 Net income 90,000 On average, skis sell for $700 per pair Variable seing expenses are $50 per pair of skis sold. The remaining selling expenses are fixed. The administrative expenses aro 2015 variable and 80% fred The company does not manufacture its own skis it purchases them from a supplier for $450 per pair Complete #1 & #2 Thistest allows 2 attempts. This is attempt number 1 This test can be saved and resumed later. e here to search AAN RISAM A 2019-02-08 acer 000000ELE PLN ** F G H K 1