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need help figuring where to input the info into the fonancial charts? thank you! Che Cherokee Incorporated is a merchandiser that provided the following information:
need help figuring where to input the info into the fonancial charts? thank you!
Che 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 Amount 11,60e $ 17 $ 1 $2 $ 19,000 $ 15,000 $ 10,000 $ 23,000 $ 85,800 Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional income statement. Cherokee Incorporated Traditional Income Statement Selling and administrative expenses 0 Required 2 > Prepare a contribution format Income statement. Check my work Cherokee, Incorporated Contribution Format Income Statement Variable expenses Fixed expenses Prey 340 Next > SM Step by Step Solution
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