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10 1 Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost
10 1 Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: points Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban $ 9.00 Greengrow $ 39.00 $ 2.20 $ 136,000 $ 12.00 $ 38,000 eBook Hint References Last year the company produced and sold 40,500 units of Weedban and 22,000 units of Greengrow. Its annual common fixed expenses are $112,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0
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