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 Weedban $ 11.00 $ 2.60 $ 130,000 Product Greengrow $ 35.00 $ 10.00 $ 48,000 Last year the company produced and sold 38,000 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Prepare a contribution format income statement segmented by product lines. 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 38,000 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Required: Prepare a contribution format income statement segmented by product lines