He 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 $ 1,107,000 selling price per pair of skis $ 410 variable selling expense per pair of skis $ 45 variable administrative expense per pair of skis $ 17 total fixed selling expense $ 155,000 total fixed administrative expense $ 110,000 beginning merchandise inventory $ 70,000 ending merchandise inventory $ 100,000 merchandise purchases $ 280,000 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?

Instructions are listed below

Explanation:

1) The general structure of an income statement proceeds as follow:

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

In this exercise:

Revenues= 1107000

COGS= Beginnig inventory + purchase - ending inventory= 250000

Gross profit= $857000

Administrative expense= $17 *2700q+110000= 155900

Selling expense= $155,000 + 45*2700q= 276500

EBITDA= 424600

2)A Contribution Margin Income Statement is a special format of the income statement that segregates the variable and fixed expenses involved in running a business. It shows the revenue generated after deducting all variable and fixed expenses separately.

Sales= 1107000

Variable costs:

Cost of goods sold= 250000

Variable Selling expense= $45*2700= 121500

Variable administration expense= 17*2700= 45900

Total variable costs= 417400

Contribution Margin= 689600

Fixed costs:

Selling expense= 155000

administration expense= 110000

Total fixed cost= 265000

Net profit= 424600

3) Unitary contribution margin= contribution margin/Q= 689600/2700= $255.41

pp

explanation:

poopoo sounds to kid like

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.