Cherokee Inc is a merchandiser that provided the following information A A A 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 Amount 20,000 $ 30 4 $ 2 $ 40,000 30,000 24,000 $ 44,000 $ 180,000 Required 1 Prepare a traditional income statement 2 Prepare a contribution format income statement Prepare a traditional income statement Cherokee, Inc Traditional Income Statement Selling and administrative expenses PIC COLLAGE

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Cherokee Inc  is a merchandiser that provided the following information  A A A 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 Amount 20,000 $ 30 4 $ 2 $ 40,000 30,000 24,000 $ 44,000 $ 180,000 Required  1  Prepare a traditional income statement  2  Prepare a contribution format income statement  Prepare a traditional income statement  Cherokee, Inc  Traditional Income Statement Selling and administrative expenses PIC COLLAGE

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Cherokee Inc. is a merchandiser that provided the following information: A A A Number of units sold Selling price per unit Variable selling expense per

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