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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 10.00 Greengrow $38.00
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban 10.00 Greengrow $38.00 $ 14.00 $ 42,000 Selling price per unit Variable expenses per unit Traceable fixed expenses per year 3.20 $ 135,000 Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 38,500 units of Weedban and 16,500 units of Greengrow Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Greengrow Weedban Company 0 $ 0 0 0
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