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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 $
Royal Lawncare Company produces and sells two packaged products, Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow $ 12.00 34.00 $ 2.80 $ 10.00 Traceable fixed expenses per year $130,000 $47,000 Selling price per unit Variable expenses per unit Common fixed expenses in the company total $95,000 annually. Last year the company produced and sold 41,500 units of Weedban and 15,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow
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