Create a personal budget given $2000.00 on how you would spend or save it. Be specific. INCLUDE RENT, GROCERIES, BILLS, AND SPENDING MONEY, SAVINGS ACCOUNT ETC.. BE REALISTIC DO RESEARCH ON WHAT THE AVERAGE COST OF RENT IN YOUR AREA IS, THE AVERAGE FOR THE WATER, CABLE AND ELECTRIC BILL, GROCERY BILL IS. AND LASTLY WHAT YOU WOULD WANT TO SPEND THE REST ON.

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 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 $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.