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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 Selling price per
Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Selling price per unit Variable expenses per un Traceable fixed expenses per year Weedban Greengrow $11.00 40.00 $2.60 14.00 $37,000 it 133,000 Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 43,000 units of Weedban and 22,500 units of Greengrow Required Prepare a contribution format income statement segmented by product lines Product Line Total Compan Weedban Greengrow $473,000 900,000 315,000 585,000 111,800 riable expenses Contribution margin 0 361,200 raceable fixed expenses 0 $ 361,200 $ 585,000 duct line segment margin Common fixed expenses not traceable to products et operating income 0
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