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EXERCISE 6-4 Basic Segmented Income Statement |L06-41 Royal Lawncare Company produces and sells two packaged products, Weedly and Genere. Revenue and cost information relating to
EXERCISE 6-4 Basic Segmented Income Statement |L06-41 Royal Lawncare Company produces and sells two packaged products, Weedly and Genere. Revenue and cost information relating to the products follow Weedban $6.00 $2.40 $45,000 Product Greengrow $7.50 $5.25 $21,000 Seling priceperunt Variable expenses per unit Traceable fixed expenses per year Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedbag and 28,000 units of Greergeve Required: Required: Prepare a contribution format income statement segmented by product lines
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