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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 $ 12.00

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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 $ 12.00 32.00 $ 2.90 14.00 $129,000 35,000 Selling price per unit Variable expenses per unit Traceable fixed expenses per year 2.90 14 Common fixed expenses in the company total $101,000 annually. Last year the company produced and sold 41,500 units of Weedban and 22,500 units of Greengrow. Required Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow Sales Variable expenses Contribution margin raceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income

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