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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: Weedban Selling price per
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost Information relating to the products follow: Weedban Selling price per unit 0 10.00 Product Greengrow $35.00 Variable expenses per unit Traceable fixed expenses per year 2.80 $133,000 $11.00 $ 38,000 Common fixed expenses in the company total $101,000 annually. Last year the company produced and sold 36,000 units of Weedban and 17,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line 1 Total Woodban Greengrow Company S 0 0 0 0 $ 0 $ THE Next >
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