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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 $ 10.00 $ 38.00 Variable expenses per unit $ 2.70 $ 15.00 Traceable fixed expenses per year $ 130,000 $ 37,890 Last year the company produced and sold 36,000 units of Weedban and 20.500 units of Greengrow. Its annual common fixed expenses are $114.000, Required: Prepare a contribution format Income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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