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Exercise 6-4 Basic Segmented Income Statement [LO6-4] 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 [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 Product Weedban Greengrow $ 9.00 $ 36.00 Variable expenses per unit $ Traceable fixed expenses per year 2.60 $ 11.00 $ 133,000 $ 38,000 Common fixed expenses in the company total $113,000 annually. Last year the company produced and sold 44,000 units of Weedban and 22,000 units of Greengrow Required: Prepare a contribution format income statement segmented by product lines. Common fixed expenses in the company total $113,000 annually Last year the company produced and sold 44,000 units of Weedban and 22,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow 0 0 0 0 $ 05 0 $ 0
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