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Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to
Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 11.00 $ 31.00 $ 2.70 $ 11.00 $ 135,000 $ 43,000 Last year the company produced and sold 41,500 units of Weedban and 20,000 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
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