A ezto.mheducation.com + 88 M Question 6 - Ch. 1 Assignment - Connect Dashboard G how to screen shot on mac - Google Search Ch. 1 Assignment i Saved Help Save & Exit Submit Check my work 6 Amount Number of units sold 11, 000 Selling price per unit $ 17 Variable selling expense per unit $ 1 Variable administrative expense per unit $ 2 16 Total fixed selling expense $ 19, 000 points Total fixed administrative expense $ 15, 000 Beginning merchandise inventory $ 10, 00 Ending merchandise inventory $ 23, 000 Merchandise purchases $ 87, 000 Required eBook 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Prepare a traditional income statement. Cherokee, Incorporated Traditional Income Statement Sales $ 187,000 Cost of goods sold Gross margin Selling and administrative expenses: Administrative expenses Selling expenses Ending merchandise inventory Net operating income Required 1 Required 2 > Mc Grav Hillh eztomheducationvcom M Question 6 , on 1 Assignment , Connect CMAssignment 0 Seven Help saves. Exit Submit Amount Number of units sold 11,000 Selling price per unit $ 17 Variable selling expense per unit 3 1 Variable administrative expense per unit $ 2 16 Total fixed selling expense 5 19,000 I ' Total fixed administrative expense 5 15,000 \""5 Beginning merchandise inventory 5 10,000 Ending merchandise inventory 3 23,000 Merchandise purchases $ 87,000 Required: 1. Prepare a traditional Income statement. 2, Prepare a contribution format income statement, Complete Ihls questlon hy enurlng your answers In the tabs below. % Hill