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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 $ 11.ee $39.00 $ 2.90 $ 11.00 $ 135,000 $ 46,000 Common fixed expenses in the company total $111,000 annually. Last year the company produced and sold 44.000 units of Weedban and 24,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fired expenses not traceable to products het operating income 0$ 05 0 5

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