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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: Selling price per unit Variable

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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: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 12.00 $ 35.00 $ 2.50 $ 13.00 $ 131,000 $ 44,000 Last year the company produced and sold 39,000 units of Weedban and 16,000 units of Greengrow. Its annual common fixed expenses are $109,000 Required: Prepare a contribution format Income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0

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