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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 the
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 Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 10.00 $ 36.ee $ 3.10 $ 11.ee $ 134, eee $ 33, eee Common fixed expenses in the company total $106,000 annually. Last year the company produced and sold 36,500 units of Weedban and 17,500 units of Greengrow. Required: Prepare a contribution format Income statement segmented by product lines. Total Company Product Line Weedban Greengrow
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