The Alpine House, Inc. is a large retailer of snow skis. Thecompany assembled the information shown below for the quarter endedMarch 31: Amount Total sales revenue $ 968,000 Selling price perpair of skis $ 440 Variable selling expense per pair of skis $ 48Variable administrative expense per pair of skis $ 19 Total fixedselling expense $ 135,000 Total fixed administrative expense $120,000 Beginning merchandise inventory $ 65,000 Ending merchandiseinventory $ 110,000 Merchandise purchases $ 315,000
Required: 1. Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses: Show transcribed image text Required: 1. Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc. Traditional Income Statement Selling and administrative expenses:
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