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Exercise 7-4 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

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Exercise 7-4 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: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow 9.00 $ 35.00 $ 2.70 $ 10.00 $ 138,000 $ 46,000 UU Common fixed expenses in the company total $102,000 annually. Last year the company produced and sold 43,500 units of Weedban and 19,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0$ 0 $ 0 $

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