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Exercise 6-4 Basic Segmented Income Statement (L06-4) Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost Information relating to
Exercise 6-4 Basic Segmented Income Statement (L06-4) Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost Information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 9.00 $ 32.00 Variable expenses per unit $ 2.30 $ 13.00 Traceable fixed expenses per 133,000 $ 30,000 year Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 43,000 units of Weedban and 24,000 units of Greengrow. Required: Prepare a contribution format Income statement segmented by product lines. Total Company Product Line Weedban Greengrow
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