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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

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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 unit Variable expenses per unit Traceable fixed expenses per year Weedban Greengrow $ 10.00 35.00 $ 2.40 10.00 134,000 44,000 Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 40,000 units of Weedban and 24,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow Sales e expenses Contribution margir Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income

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