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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

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 $ 8.00 $ 31.00
Variable expenses per unit $ 2.30 $ 10.00
Traceable fixed expenses per year $ 129,000 $ 47,000

Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 43,000 units of Weedban and 17,000 units of Greengrow.image text in transcribed

Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company 0 C 0 $ C 0 0 $ 0

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