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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 $ 11.ee $ 31.ee $ 3.10 $ 14.00 $ 132, eee $ 46,000 Last year the company produced and sold 40,500 units of Weedban and 16,500 units of Greengrow. Its annual common fixed expenses are $106,000. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0 Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $1,050,000, 40%, and $21,000, respectively. The North Division's contribution margin and contribution margin ratio are $154,000 and 44%, respectively. The South Division's segment margin is $175,000. The company has $262,500 of common fixed expenses that cannot be traced to either division Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented Income statements as a percent of sales. (Round your percentage answers to 1 decimal place (1.e 1234 should be entered as 12.3).) North Total Company Amount % Divisions South Amount Amount %

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