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 $8.00 $30.00

Variable expenses per unit $2.80 $13.00

Traceable fixed expenses per year $128,000 $35,000

Last year the company produced and sold 35,500 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $96,000.

Required:

Prepare a contribution format income statement segmented by product lines.