Question: value: 10.00 points The Alpine House, Inc., is a large retailer of snow skis. The company assembled the informations below for the quarter ended March

value: 10.00 points The Alpine House, Inc., is a large retailer of snow skis. The company assembled the informations below for the quarter ended March 31: Total sales revenue 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 $ 1,050,000 420 48 15 $ 135,000 $ 125,000 $ 75,000 $ 115,000 $ 310,000 40000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses: 0 2. Prepare a contribution format income statement for the quarter ended March 31. Connect Assigments ACG 2071 267353 MANAGERIAL ACCOUNTNG GB 2. 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 0 3. What was the contribution toward fixed expenses and profits for each pair of skis sold during the quarter? (Round your final answer to nearest whole dollar amount.) Contribution of each pair of skis was Hints References eBook & Resources
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