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es Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product: Selling price
es Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product: Selling price per unit Weedban $ 8.00 Greengrow $ 37.00 Variable expenses per unit Traceable fixed expenses per year $ 3.20 $ 134,000 $ 14.00 $ 45,000 Last year the company produced and sold 39,500 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $111,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company
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