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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price

Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow:

Product

Weedban Greengrow
Selling price per unit $ 12.00 $ 36.00
Variable expenses per unit $ 3.20 $ 15.00
Traceable fixed expenses per year $ 137,000 $ 49,000

Last year the company produced and sold 41,500 units of Weedban and 18,500 units of Greengrow. Its annual common fixed expenses are $110,000.

Required:

Prepare a contribution format income statement segmented by product lines.image text in transcribed

Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 0

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