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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 Weedban $ 11.00 $ 2.60 $ 138,000 Product Greengrow $ 35.00 $ 14.00 $ 50,000 Last year the company produced and sold 37,000 units of Weedban and 19,000 units of Greengrow. Its annual common fixed expenses are $99,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company $ Product Line 0 Weedban 0 $ 0 0 0 Greengrow $ 0 0
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Exercise 4-4 (Algo) Basic Segmented Income Statement [LO4-4] 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 37,000 units of Weedban and 19,000 units of Greengrow. Its arinual common fixed expenses are $99,000. Required: Prepare a contribution format income statement segmented by product lines

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