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	$ 12.00	$ 34.00
Variable expenses per unit	$ 2.40	$ 15.00
Traceable fixed expenses per year	$ 136,000	$ 48,000

Last year the company produced and sold 42,000 units of Weedban and 24,500 units of Greengrow. Its annual common fixed expenses are $103,000.

Required:

Prepare a contribution format income statement segmented by product lines.

	Product Line
	Total Company	Weedban	Greengrow
Sales
Variable expenses
Contribution margin	0	0	0
Traceable fixed expenses
Product line segment margin	0	$0	$0
Common fixed expenses not traceable to products
Net operating income	$0