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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 $ 40.00 Variable expenses per unit $ 2.70 $ 11.00 Traceable fixed expenses per year $ 130,000 $ 35,000 Last year the company produced and sold 37,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $109,000 Required: Prepare a contribution format income statement segmented by product lines. Product Lino Total Company Weedban Greengrow

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