Exercise $4-4($Algo$)$ Basic Segmented Income Statement $[$LO$4-4]$

Royal Lawncare Company produces and sells two packaged products$-$Weedban and Greengrow. Revenue and cost information

relating to the products follow:

Last year the company produced and sold $40,500$ units of Weedban and $20,500$ units of Greengrow. Its annual common fixed

expenses are $$109,000.$

Required:

Prepare a contribution format income statement segmented by product lines.