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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow Revenue and cost formation relating to the products follow Selling price per unit Variable
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow Revenue and cost formation relating to the products follow Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greentow 5 9.00 $31.00 $ 2.40 $ 13.00 $ 137,000 $ 31,000 Common fixed expenses in the company total $96,000 annually . Last year the company produced and sold 42,000 dans of Weedban and 21000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Gagrow 0 0 0 Sales Variable wapenses Contribution margin aceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 05 os O S 0
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