Last year the company produced and sold 38,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed

expenses are $98.000.

Required:

Prepare a contribution format income statement segmented by product lines.

Total

Company

Product Line

Exercise 6-4 (Algo) Basic Segmented Income Statement [LO6-4] 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 $ 8.00 $ 2.60 $ 132,000 Greengrow $ 40.00 $15.00 $ 43,000 Last year the company produced and sold 38,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $98,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company $ Product Line Weedban 0 0 $ 0 0 Greengrow $ 0 0