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Just was wondering how to solve this? 3 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to
Just was wondering how to solve this?
3 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: 3.57 points Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 10.00 $ 36.00 $ 3.00 $ 12.00 $ 138,000 $ 37,000 eBook Common fixed expenses in the company total $110,000 annually. Last year the company produced and sold 44,500 units of Weedban and 22,500 units of Greengrow. Hint Required: Prepare a contribution format income statement segmented by product lines. Print Product Line Total Company Weedban Greengrow References Sales 0 0 0 Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 0 $ 0 $ 0 $ 0
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