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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 11.00 $16.00 2.90 $11.00 $ 135,000 $31,000 Common fixed expenses in the company total $102,000 annually. Last year the company produced and sold 43,000 units of Weedban and 17,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines Total Company Product Line Weedban Greengrow 0 0 Sales Variable expenses Contribution margin Traceable foxed cxpenses Product line segment margin Common food expenses not traceable to products Not operating income OS 05 0 $ 0

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