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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 $2.40 $137,000 Greengrow $ 35.00 $ 14.00 $ 39,000 Traceable fixed expenses per year Last year the company produced and sold 36,500 units of Weedban and 25,000 units of Greengrow. Its annual common fixed expenses are $110,000. Required: Prepare a contribution format income statement segmented by product lines

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