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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: Product Weedban Selling price

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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: Product Weedban Selling price per unit $ 12.00 Greengrow $ 35.00 Variable expenses per unit Traceable fixed expenses per year $ 3.00 $ 128,000 $ 11.00 $ 30,000 Last year the company produced and sold 41,000 units of Weedban and 22,500 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.

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