nces Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information...
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nces 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 Greengrow $10.00 $36.00 $ 2.70 $ 12.00 $134,000 $31,000 Common fixed expenses in the company total $101,000 annually. Last year the company produced and sold 44,000 units of Weedban and 20,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow nces 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 Greengrow $10.00 $36.00 $ 2.70 $ 12.00 $134,000 $31,000 Common fixed expenses in the company total $101,000 annually. Last year the company produced and sold 44,000 units of Weedban and 20,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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