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3 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. 3.5 points 00-4639
3 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. 3.5 points 00-4639 eBook Hi References Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Meedban $12.00 $3.20 $133,000 Greengrow $32.00 5 12.00 $46,000 Last year the company produced and sold 43,500 units of Weedban and 21,000 units of Greengrow. Its annual common fixed expenses are $107,000 Required: Prepare a contribution format income statement segmented by product lines Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income Product Line Total Company Weedban Gruengrow 0 0 05 $ 01 $ 0
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