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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 Meedban Greengrow Selling price
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow Product Meedban Greengrow Selling price per unit $ 9.00 $31.00 Variable expenses per unit $ 2.20 $ 11.00 Traceable fixed expenses per year $ 129,000 $ 38,000 Last year the company produced and sold 38.000 units of Weedban and 17.000 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 Weedhan Greengrow Prey
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