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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: Selling price per unit Variable

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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: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengro $ 10.00 $31.00 $ 2.80 $12.00 $ 138,000 $ 42,000 Last year the company produced and sold 42,500 units of Weedban and 16,000 units of Greengrow. Its annual common fixed expenses are $98,000 Required: Prepare a contribution format Income statement segmented by product lines. Total Company Product Line Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fored expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 05 0

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