(Solved): Number of units sold Selling price per unit Variable selling expense per unit Variable administrati ...

Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. Required 1 Required 2 Prepare a contribution format income statement. Cherokee, Incorporated Contribution Format Income Statement Complete this question by entering your answers in the tabs below. Sales Variable expenses Cost of goods sold Selling expenses Administrative expenses Fixed expenses: Amount Selling expenses Administrative expenses 13,000 $18 $2 $1 $ 19,000 15,000 $ $ 11,000 $ 25,000 $ 89,000 $ 234,000 0