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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: Product Weedban Greengrow Selling price

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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: Product Weedban Greengrow Selling price per unit $ 11.00 $ 37.00 Variable expenses per unit $ 2.50 $ 14.00 Teaceable fixed expenses per year $ 132,000 $.48,000 Last year the company produced and sold 40,000 units of Weedban and 22,500 units of Greengrow. Its annual common fixed expenses are $107,000 Required: Prepare a contribution format income statement segmented by product lines. Product Lino Weedban Total Company Greengrow 0 0 0 0 S 0 $ 0 S 0

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