Question
Please help me with this question before 11:59pm tonight, if you could explain how you do it that would be amazing thank you!! Royal Lawncare
Please help me with this question before 11:59pm tonight, if you could explain how you do it that would be amazing thank you!!
Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow:
Product | |||
---|---|---|---|
Weedban | Greengrow | ||
Selling price per unit | $ 9.00 | $ 39.00 | |
Variable expenses per unit | $ 2.70 | $ 11.00 | |
Traceable fixed expenses per year | $ 130,000 | $ 46,000 |
Last year the company produced and sold 35,500 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $99,000.
a) Prepare a contribution format income statement segmented by product lines.
***************************** Total company, Weedban, Greengrow
_________________ ______ _____ ______
________________ _______ _______ ______
_________ 0 0 0
_____________ _______ _______ ______
__________ 0 $0 $0
____________ ________
__________ $0
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