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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

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 $ 11.00 $ 37.00 Variable expenses per unit $ 3.00 $ 11.00 Traceable fixed expenses per year $ 136,000 $ 35,000 Common fixed expenses in the company total $106,000 annually. Last year the company produced and sold 36,500 units of Weedban and 19,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines.

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