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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 intformation relating to the
Exercise 7-4 Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost intformation relating to the products follow: Product Weedban Greengrow Selling price per unit Variable expenses per unit Traceable fixed expenses per year 12.ee 39.ee 2.40 11.8e 135,00e 42,0ee Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 39,500 units of Weedban and 16.000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company C 0 0 0 0 0
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