Cherokee Incorporated is a merchandiser that provided the following information: 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: Amount 12,000 $15 $2 $3 $ 19,000 $ 15,000 $9,000 $ 26,000 $ 89,000 1. Prepare a contribution format income statement. 2. Calculate the Ratio for Total Variable expenses and Total Contribution Margin 3. Calculate the Ratio for the PER UNIT variable expense and contribution margin amounts Round all answers to 2 decimal places Ratio Ratio Per of UNIT Totals