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Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products -Weedban and Greengrow, Revenue and cost information relating

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Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products -Weedban and Greengrow, Revenue and cost information relating to the products follow: Last year the company produced and sold 42,500 units of Weedban and 16,000 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines

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