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Exercise 6-4 (Algo) Basic Segmented Income Statement [LO6-4] 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 [LO6-4] 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 $ 9.00 Greengrow $ 32.00 Variable expenses per unit Traceable fixed expenses per year $ 2.70 $132,000 $ 15.00 $ 33,000 Last year the company produced and sold 37,500 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Company Greengrow
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