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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: Selling price per unit Variable

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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: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $ 38.00 $ 2.80 $ 13.00 $ 132,000 $ 48,000 Common fixed expenses in the company total $112.000 annually. Last year the company produced and sold 37,000 units of Weedban and 16,000 units of Greengrow. Required: Prepare a contribution format Income statement segmented by product lines. Product Line Total Company Weedban Greengrow Administrative expenses Advertising Beginning merchandise inventory Commissions

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