Number of units sold		12,000
Selling price per unit	$	17
Variable selling expense per unit	$	1
Variable administrative expense per unit	$	3
Total fixed selling expense	$	21,000
Total fixed administrative expense	$	16,000
Cost of Goods sold (variable expense)	$	75,000

1. What is the Sales Revenue

2. What is the Total Variable Expense

3. What is the Contribution Margin

4. What is the total Fixed Expense

5. What is the Net Operating Income

NOTE: The answer needs to be in whole numbers without a S sign, commes, or decimal points. So if the answer has a decimal point round it off to the nearest whole number. For example if your answer is $1234.4 you will type in 1234 and if the answer is $1234.5 you will type in 1235. Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold 12,000 Selling price per unit S 17 Variable selling expense per unit S 1 Variable administrative expense per unit S 3 Total fixed selling expense s 21,000 Total fixed administrative expense S 16.000 Cost of Goods sold (variable expense) S 75,000 1. What is the Sales Revenue 2. What is the Total Variable Expense 3. What is the Contribution Margin 4. What is the total Fixed Expense 5. What is the Net Operating Income