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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 $ 10.00 $ 32.00 Variable expenses per unit $ 2.50 $ 11.00 Traceable fixed expenses per year $ 133,000 $ 40,000 Last year the company produced and sold 42,500 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $108,000 Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow

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