Question
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 | $ | 10.00 | $ | 32.00 |
| Variable expenses per unit | $ | 3.00 | $ | 13.00 |
| Traceable fixed expenses per year | $ | 129,000 | $ | 40,000 |
Common fixed expenses in the company total $97,000 annually. Last year the company produced and sold 35,000 units of Weedban and 21,500 units of Greengrow.
Required:
Prepare a contribution format income statement segmented by product lines.
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Energy Audits And Improvements For Commercial Buildings
Authors: Ian M. Shapiro
1st Edition
1119084164, 978-1119084167
