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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

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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 Product Weedban $11.00 $2.20 Greengrow $38.00 $ 137,000 $10.00 $ 43,000 Traceable fixed expenses per year Last year the company produced and sold 43,000 units of Weedban and 16,000 units of Greengrow. Its annual common fixed expenses are $103,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company

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