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Exercise 7-4 Basic Segmented Income Statement (L07-4) Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow, Revenue and cost information relating to the

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Exercise 7-4 Basic Segmented Income Statement (L07-4) 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 Greengo $ 6.00 $ 7.50 $ 2.40 $ 5.25 $ 45,000 $ 21,000 oces Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. Required: Prepare a contribution format Income statement segmented by product lines. Product Line Total Company Weedban Ortengrow 0 0 0 0 $ 05 0 $ 0

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