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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 $10.00 39.00
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow $10.00 39.00 selling price per unit Variable expenses per unit Traceable fixed expenses per year $2.80 11.00 129,000 31,000 Common fixed expenses in the company total $110,000 annually. Last year the company produced and sold 35,500 units of Weedban and 21,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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