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Cherokee Incorporated is a merchandiser that provided thefollowing information:AmountNumber of units sold12,000Selling price per unit$ 15Variable selling expense per unit$ 2Vari begin{tabular}{|l|l|l|} hline multicolumn{2}{|c|}{ Cherokee,

Cherokee Incorporated is a merchandiser that provided thefollowing information:AmountNumber of units sold12,000Selling price per unit$ 15Variable selling expense per unit$ 2Vari \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Cherokee, Incorporated } \\ \hline Traditional Income Statement \\ \hline Cost of goods sold & \\ \hline Goss margin & & \\ \hline Selling and adm 1 answer

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