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Gradeci Florewor Royal Lawncare Company produces and sells two packaged products Weedban and Greengrow. Revenue and cost Information relating to the products follow. Selling price
Gradeci Florewor 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 Weedhan Grow 9.00 $ 37.80 2.78 $ 14.00 $ 137,000 $ 39,00 Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 42,500 units of Weedban and 24,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product Ines. Produs Une Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Trageable fixed expenses Product line segment margin Commonike expenses not traceable to products er operating income D 0 0$ 0 5 0
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