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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 $ 9.00 $ 33.00 Variable expenses per unit $ 3.10 $ 14.00 Traceable fixed expenses per year $ 134,000 $ 33,000 Last year the company produced and sold 40,000 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $104,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product L Weed Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating incomo os 0 $ 0 $ 0

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