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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
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 Variable expenses per unit Traceable fixed expenses per year $9.00 38.00 $ 3.10 14.00 136,000 39,000 Common fixed expenses in the company total $109,000 annually. Last year the company produced and sold 40,000 units of Weedban and 18,500 units of Greengrow Required Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow
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