Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Weedban $ 12.00 $ 2.80 $ 136,000 Sales Variable expenses Product Last year the company produced and sold 37,500 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $100,000. Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income Required: Prepare a contribution format income statement segmented by product lines. Greengrow $39.00 $ 13.00 $ 37,000 W Total Company $ 0 0 0 Product Line Weedban $ 0 0 Greengrow $ 0 0

Royal Lawncare Company produces and sells two packaged products - Weedban and Greengrow. Revenue and cost information relating to the products follow: Last year the company produced and sold 37,500 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $100.000. Required: Prepare a contribution format income statement segmented by product lines