Exercise 7-4 Basic Segmented lncome Statement [LO7-4] detatiog to the products follow Cammon fiucd expenses in the compery tocki 5103,000 annuaby. Last yes the compery peoduced and sold 42,000 unts of Wewetban and 22.000 thats of Greongrow. Reguired: Required fheoare a contubition format income stativent segrierted by product ines. Exercise 7-4 Basic Segmented Income Statement [LO7.4] Poyal tawncore Company produces and selts two packaged products-Weedban and Greengrow. Ri relating to the products follow: Commen flxed expenses in the company total $103,000 annualy. Last year the company produced ar and 22000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product ines: Exercise 7-4 Basic Segmented lncome Statement [LO7-4] detatiog to the products follow Cammon fiucd expenses in the compery tocki 5103,000 annuaby. Last yes the compery peoduced and sold 42,000 unts of Wewetban and 22.000 thats of Greongrow. Reguired: Required fheoare a contubition format income stativent segrierted by product ines. Exercise 7-4 Basic Segmented Income Statement [LO7.4] Poyal tawncore Company produces and selts two packaged products-Weedban and Greengrow. Ri relating to the products follow: Commen flxed expenses in the company total $103,000 annualy. Last year the company produced ar and 22000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product ines