h. 1 HW for Credit 6 Saved Cherokee Inc 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 10,000 17 25 points s 21,000 $ 14,000 8,000 $ 24,000 85,000 eBook Required: Hint Prepare a traditional income statement. 2. Prepare a contribution format income statement. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Prepare a contribution format income statement. Cherokee, Inc. Format Inco Variable expenses: Fixed expenses: kev 1 of 4 i Next ) Search or enter website name 2 The Alpine House, Inc., is a large retailer of snow skis. The company assembled the inform March 31: mount Sales Selling price per pair of akis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning nerchandise inventory Ending merchandise inventory Merchandise purchases 1,032,000 430 45 25 points 15 $150,000 $ 120,000 $60,000 120,000 $305,000 eBook Required: 1. Prepare a traditional income statement for the quarter ended March 31 2. Prepare a contribution format income statement for the quarter ended March 31 3. What was the contribution margin per unit? Hint Print Complete this question by entering your answers in the tabs below. References Required 1Required 2 Required 3 Prepare a traditional Income statement for the quarter ended March 31. The Alpine House, Inc Traditional In Selling and administrative expenses: