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 $ 10.00 Greengrow $ 35.00 $ 2.80 Traceable fixed expenses per year $ 137,000 $ 12.00 $ 47,000 Variable expenses per unit Last year the company produced and sold 43,500 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $111,000. Required: Prepare a contribution format income statement segmented by product lines. Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 Common fixed expenses not traceable to products Net operating income $ 0 Check