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 Sales Variable expenses Weedban $9.00 $2.90 $ 137,000 Last year the company produced and sold 36,500 units of Weedban and 24,500 units of Greengrow. Its annual common fixed expenses are $110,000. Contribution margin Traceable fixed expenses Product line segment margin mon fixed expenses not traceable to products Product Required: Prepare a contribution format income statem ent segmented by product lines. Net operating income Greengrow $39.00 $15.00 $ 48,000 Total Company $ Product Line 0 0 0 Weedban $ 0 0 Greengrow 0 0

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Last year the company produced and sold 36,500 units of Weedban and 24,500 units of Greengrow. Its annual common fixed expenses are $110,000. Required: Prepare a contribution format income statement segmented by product lines