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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

image text in transcribed 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 Variable expenses per unit Weedban $ 8.00 $2.50 Greengrow $ 35.00 $ 15.00 Traceable fixed expenses per year $ 135,000 $ 46,000 Last year the company produced and sold 41,500 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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