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 $ 12.00 $ 2.50 $ 137,000 Greengrow $ 33.00 $ 13.00 $ 42,000 Traceable fixed expenses per year Last year the company produced and sold 42,500 units of Weedban and 23,000 units of Greengrow. Its annual common fixed expenses are $97,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Royal Lawncare Company produces and sells two packaged products-Weedbar relating to the products follow G Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $12.00 $33.00 $2.50 $13.00 $137,000 $ 42,000 Last year the company produced and sold 42,500 units of Weedban and 23,000 expenses are $97.000. Required: Prepare a contribution format income statement segmented by product lines. Administrative expenses Advertising Beginning merchandise inventory Commissions 22 # 3 114 13 Search % 5 Product Li Total Weedba Company < Prev 2 of 6 16 6 7 V E R T Y D LL. F G H