Chapter 1 Amount . . . 20,000 $30 $4 $2 $40,000 $30,000 $24,000 $44,000 $180,000 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... equired: Prepare a traditional income statement. - Prepare a contribution format income statement. OOS 12 bus XERCISE 17 Direct and Indirect Costs L01-1 Dalibra EXERCISE 1-6 Traditional and Contribution Format Income Statements L01-6 Cherokee Inc. is a merchandiser that provided the following information