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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
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 $ 9.00 $ 38.00 $ 3.10 $ 13.00 $ 136,000 $ 36,000 Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 39,000 units of Weedban and 17,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Sales Klarisble ovnence Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 39,000 units of Weedban and 17,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Sales 0 0 0 D Variable expenses Contribution margin Traceable fixed expenses Product line segment margin 0 $ 0 $ 0 $ 0
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