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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 Product Weedban $9.00 Greengrou $31.00 $2.50 $ 133,000 $11.00 $ 42,000 Traceable fixed expenses per year Last year the company produced and sold 35,500 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $114,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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