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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 Selling

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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 Selling price per unit $ 10.00 $ 39.00 Variable expenses per unit $ 2.20 $ 14.00 Traceable fixed expenses per year $ 131,000 $ 38,000 Last year the company produced and sold 44,500 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $100,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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