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Exercise 6-4 (Algo) Basic Segmented Income Statement (LO6-4] Royal Lawncare Company produces and sells two packaged productsWeedban 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 productsWeedban 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 $ 9.00 $ 34.00 $ 3.10 $ 13.00 $ 129,000 $ 50,000 Last year the company produced and sold 37,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $101,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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