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 Weedban $9.00 $ 2.30 $ 138,000 Product Greengrow $ 34.00 $15.00 $ 49,000 Last year the company produced and sold 41,000 units of Weedban and 19,000 units of Greengrow. Its annual common fixed expenses are $101,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company $ 0 0 0 Product Line Weedban $ 0 0 Greengrow $ 0 0

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Last year the company produced and sold 41,000 units of Weedban and 19,000 units of Greengrow, Its annual common fixed expenses are $101,000. Required: Prepare a contribution format income statement segmented by product lines