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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

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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 the products follow: Selling price per unit Variable expenses per unit Weedban $11.00 $ 2.30 Traceable fixed expenses per year $ 135,000 Product Greengrov $ 39.00 $13.00 $34,000 Last year the company produced and sold 42,500 units of Weedban and 21,500 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 Company Weedban Greengrow

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