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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
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 Traceable fixed expenses per year Weedban $ 9.00 $3.10 $ 129,000 Product Greengrow $ 39.00 $13.00 $ 30,000 Last year the company produced and sold 39,500 units of Weedban and 16,500 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 0 0 $ 0 $ 0 $ 0
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