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Please answer all parts correctly. thank u Royal Lawncare Company produces and sells two packaged products--Weedban and Greengrow. Revenue and cost Information relating to the
Please answer all parts correctly. thank u
Royal Lawncare Company produces and sells two packaged products--Weedban and Greengrow. Revenue and cost Information relating to the products follow. Product Weedban Greengrow Selling price per unst $ 10.00 $38.00 Variable expenses per unit $ 2.60 $14.00 Traceable fixed expenses per year $ 136,000 $ 47,000 Last year the company produced and sold 39,500 units of Weedban and 22,500 units of Greengrow. Its annual common fixed expenses are $115,000 Required: Prepare a contribution format income statement segmented by product lines. Product Weedban Greengrow Selling price per unit $10.00 $ 38.00 Variable expenses per unit $ 2.60 $ 14.00 Traceable fixed expenses per year $ 136,000 $ 47,000 Last year the company produced and sold 39,500 units of Weedban and 22,500 units of Greengrow. Its annual common fixed expenses are $115,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow 0 0 0 0 $ $ S D Step by Step Solution
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