Chapter 1 Homework Saved 2 Cherokee Inc. is a merchandiser that provided the following information: Amount 10,000 $ 17 2 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 3 points 19,000 15,000 10,000 24,000 90,000 eBook Hint References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional income statement. Cherokee, Inc Traditional Income Statement