Homework answers / question archive / Alpine House, Inc_, is a large retailer of snow skis_ The company assembled the information shown below for the quarter ended March 31=  Sales $1,144,000 Selling price per pair of skis 440 Variable selling expense per pair of skis 46 Variable administrative expense per pair of skis 18 Total fixed selling expense $ 160,000 Total fixed administrative expense $ 120,000 Beginning merchandise inventory $ 75,000 Ending merchandise inventory $ 115,000 Merchandise purchases $ 305,000  Required: 1_ Prepare a traditional income statement for the quarter ended March 3t 2_ Prepare a contribution format income statement for the quarter ended March

Alpine House, Inc_, is a large retailer of snow skis_ The company assembled the information shown below for the quarter ended March 31=  Sales $1,144,000 Selling price per pair of skis 440 Variable selling expense per pair of skis 46 Variable administrative expense per pair of skis 18 Total fixed selling expense $ 160,000 Total fixed administrative expense $ 120,000 Beginning merchandise inventory $ 75,000 Ending merchandise inventory $ 115,000 Merchandise purchases $ 305,000  Required: 1_ Prepare a traditional income statement for the quarter ended March 3t 2_ Prepare a contribution format income statement for the quarter ended March

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Alpine House, Inc_, is a large retailer of snow skis_ The company assembled the information shown below for the quarter ended March 31= 
Sales $1,144,000 Selling price per pair of skis 440 Variable selling expense per pair of skis 46 Variable administrative expense per pair of skis 18 Total fixed selling expense $ 160,000 Total fixed administrative expense $ 120,000 Beginning merchandise inventory $ 75,000 Ending merchandise inventory $ 115,000 Merchandise purchases $ 305,000 
Required: 1_ Prepare a traditional income statement for the quarter ended March 3t 2_ Prepare a contribution format income statement for the quarter ended March. 31_ 3_ What was the contribution margin per unit? 

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Required 1 Required 2 L Prepare a traditional income statement for the quarter ended March 31.