W Chapter 1 Saved H 3 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 20,000 $ 30 $ 4 $ 2 $ 40,000 $ 30,000 $ 24,000 $ 44,000 $ 180,000 0 Joints Required: 1. Prepare a traditional income statement 2. Prepare a contribution format income statement. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 References Prepare a traditional income statement. Cherokee, Incorporated Traditional Income Statement Selling and administrative expenses II Next > 3 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. Sints Required 1 Required 2 eBook Prepare a contribution format income statement Cherokee, Incorporated Contribution Format Income Statement Hint Variable expenses References Fixed expenses