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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 Selling price per

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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 Selling price per unit Weedban $ 11.00 Greengrow $ 35.00 $ 3.10 $ 11.00 Traceable fixed expenses per year $ 128,000 $ 46,000 Variable expenses per unit Last year the company produced and sold 43,500 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $96,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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