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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 Greengrow 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 Greengrow Selling price per unit $ 11.00 $ 32.00 Variable expenses per unit $ 2.40 $ 11.00 Traceable fixed expenses per year $ 132,000 $ 33,000 Last year the company produced and sold 38,500 units of Weedban and 24,000 units of Greengrow. Its annual common fixed expenses are $97,000. Required: Prepare a contribution format Income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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