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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 Greengrow Selling

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 12.00 $ 32.00 Variable expenses per unit $ 2.40 $ 11.00 Traceable fixed expenses per year $ 129,000 $ 47,000 Last year the company produced and sold 39,500 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $115,000. Required: Prepare a contribution format income statement segmented by product lines.

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ROYAL LAWNCARE COMPANY PARTICULARS WEEDBAN A GREENGROW B TOTAL C AB SALES 39500 units ... blur-text-image

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