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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 $ 33.00 Variable expenses per unit $ 3.10 $ 10.00 Traceable fixed expenses per year $ 131,000 $ 32,000 Last year the company produced and sold 42,000 units of Weedban and 20,500 units of Greengrow. Its annual common fixed expenses are $109,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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