Required 3

What was the contribution margin per unit (Round your final answer to nearest whole dollar)

Contributtion margin per unit $

The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: 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 Amount $ 984,000 $ 410 $ 49 $ 20 $ 140,000 $ 115,000 $ 75,000 $ 110,000 $ 290,000 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 ended March 31. a The Alpine House, Incorporated Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses $ 257,600 Administrative expenses 163,000 984,000 300,000 684,000 420,600 263,400 Net operating income $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a contribution format income statement for the quarter ended March 31. $ 984,000 The Alpine House, Incorporated Contribution Format Income Statement Sales Variable expenses: Cost of goods sold 300,000 117,600 48,000 465,600 518,400 Contribution margin Fixed expenses: Selling expenses Administrative expenses 140,000 115,000 255,000 263,400 Net operating income