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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 $ 12.00 $ 30.00 Variable expenses per unit $ 2.80 $ 10.00 Traceable fixed expenses per year $ 129,000 $ 45,000 Last year the company produced and sold 38,000 units of Weedban and 25,000 units of Greengrow. Its annual common fixed expenses are $101,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Weedban Total Company Greengrow 0 0 0 0 os 0 $ $ 0

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