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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 Greengrow $ 10.00 $ 30.00 $ 3.10 $ 13.00 $ 135,000 $ 31,000 Common fixed expenses in the company total $97,000 annually. Last year the company produced and sold 43,000 units of Weedban and 21,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Selling expenses Variable expenses Contribution margin Selling expenses OS Traceable foed expenses Net operating income

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