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	$	9.00	$	34.00
Variable expenses per unit	$	2.70	$	15.00
Traceable fixed expenses per year	$	135,000	$	34,000

Common fixed expenses in the company total $114,000 annually. Last year the company produced and sold 41,500 units of Weedban and 18,500 units of Greengrow.

Required:

Prepare a contribution format income statement segmented by product lines.

Common fixed expenses in the company total $114,000 annually. Last year the company and 18,500 units of Greengrow. nces Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 277,500 (277,500) 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 0 $ (277,500) $ Prey 1 of 4 ! here to search