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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 Greengrom 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 Greengrom Selling price per unit $ 9.00 $ 37.00 Variable expenses per unit $ 2.50 $12.00 Traceable fixed expenses per year $ 138,000 $ 48,000 Last year the company produced and sold 43,500 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $98,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Company Greengrow 0 0 0 0 $ 0$ 0 $ 0

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