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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

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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 expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 8.00 $ 34.00 $ 2.40 $ 11.00 $ 135,000 $ 36,000 Last year the company produced and sold 40,000 units of Weedban and 18,500 units of Greengrow. Its annual common fixed expenses are $102,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 O 0 Sales Variable expenses Contribution margin traceable foxed expenses Product line segment margin Common fixed expenses not traceable to products Not aperating income 0 $ 0 $ 0 0

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