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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information Selling price per unit Variable expenses per unit Traceable fixed

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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 11.00 $ 33.00 $ 2.30 $ 13.00 $ 132,000 $ 45,000 Common fixed expenses in the company total $107.000 annually. Last year the company produced and sold 35,500 units of Weedban and 18,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Weedban Total Company Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 0 $ 0 o $ $ 0

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