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part 1 part 2 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow Product

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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow Product Weedban Greengrow $ $34.00 $ 2.40 $ 12.00 $ 130,000 $ 48,000 selling price per unit Variable expenses per unit Traceable fixed expenses per year 8.00 Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 39,500 units of Weedban and 23,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedball Greengrow Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin tatio, and net operating income are $660,000, 42%, and $13,200, respectively. The North Division's contribution margin and contribution margin ratio are $119,600 and 46%, respectively The South Division's segment margin is $64,000. The company has $105,500 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (ie 1234 should be entered as 12.3)) Total Company Amount North Amount Divisions South Amount

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