Question: **Use the format below** The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter

**Use the format below**

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 $ 1,025,000
Selling price per pair of skis $ 410
Variable selling expense per pair of skis $ 47
Variable administrative expense per pair of skis $ 20
Total fixed selling expense $ 150,000
Total fixed administrative expense $ 105,000
Beginning merchandise inventory $ 75,000
Ending merchandise inventory $ 105,000
Merchandise purchases $ 305,000

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?

**Use the format below** The Alpine House, Inc., is a large retailerof snow skis. The company assembled the information shown below for thequarter ended March 31: Amount Sales $ 1,025,000 Selling price per pairof skis $ 410 Variable selling expense per pair of skis $

The Alpine House, Inc., 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 $ 1,025,000 410 $ 47 20 $ 150,000 $ 105,000 $ 75,000 $ 105,000 $ 305,000 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? Required 1 Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses: 0 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Inc. Contribution Format Income Statement Variable expenses 0 Fixed expenses What was the contribution margin per unit? (Round your final answer to nearest whole dollar.) Contribution margin per unit

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