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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Cherokee Inc. is a merchandiser that provided the following information:
| Â | Â | Â |
| Number of units sold | Â | 20,000 |
| Selling price per unit | $ | 30 |
| Variable selling expense per unit | $ | 4 |
| Variable administrative expense per unit | $ | 2 |
| Total fixed selling expense | $ | 40,000 |
| Total fixed administrative expense | $ | 30,000 |
| Beginning merchandise inventory | $ | 24,000 |
| Ending merchandise inventory | $ | 44,000 |
| Merchandise purchases | $ | 180, |
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