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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 $ 10.00 $36.00 $ 3.10 $ 13.00 $ 129,000 $ 45,000 Common fixed expenses in the company total $103,000 annually. Last year the company produced and sold 36,500 units of Weedban and 18,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Lino Weedban Greengrow Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin 0 0 0 0 $ 0 $ 0 $ 0

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