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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price
Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 8.00 $ 33.00 Variable expenses per unit $ 2.70 $ 10.00 Traceable fixed expenses per year $ 133,000 $ 49,000 Last year the company produced and sold 40,000 units of Weedban and 20,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Prepare a contribution format income stateme
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