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Product Line Total Company Weedban Greengrow Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products
Product Line Total Company Weedban Greengrow Royal Lawncare Company produces and sells two packaged productsWeedban 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 $ 9.00 $ 38.00 $ 2.80 $ 12.00 $ 134,000 $ 41,000 Common fixed expenses in the company total $114,000 annually. Last year the company produced and sold 35,000 units of Weedban and 24,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines
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