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Exercise 6-4 Basic Segmented Income Statement LLO6-4) Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the
Exercise 6-4 Basic Segmented Income Statement LLO6-4) 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 8.00 $ 31.00 $ 2.20 $ 13.00 $ 129,000 $ 47,000 Common fixed expenses in the company total $102,000 annually. Last year the company produced and sold 44,000 units of Weedban and 22,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow
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