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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 $ 39.00 Variable expenses per unit $ 2.60 $ 15.00 Traceable fixed oxpensen per year $ 137,000 $ 45,000 Last year the company produced and sold 41,500 units of Weedban and 19,000 units of Greengrow. Its annual common fixed expenses are $110,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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