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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 $ 11.00 Greengrow

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. Product Weedban $ 11.00 Greengrow $ 40.00 $ 2.90 $ 14.00 Traceable fixed expenses per year $ 138,000 $ 34,000 Selling price per unit Variable expenses per unit Last year the company produced and sold 41,000 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $112,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company

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