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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price

Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow:

Product
Weedban Greengrow
Selling price per unit $ 12.00 $ 31.00
Variable expenses per unit $ 2.40 $ 10.00
Traceable fixed expenses per year $ 132,000 $ 33,000

Last year the company produced and sold 43,000 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $102,000.

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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 $ 12.00 $ 31.00 $ 2.40 $ 10.00 $ 132,000 $ 33,000 Last year the company produced and sold 43,000 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $102,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0

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