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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 $. 37.00 $ 2.70 $ 13.00 $ 137,000 $ 48,000 Last year the company produced and sold 43,000 units of Weedban and 24.000 units of Greengrow. Its annual common fixed expenses are $104,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow Sales Selling expenses Gross margin Traceable fixed expenses Product line seament margin Selling price per unit Variable expenses per unit Traceable fixed expenses per year Weedban $ 10.00 $ 2.70 $ 137,000 Greengrow $ 37.00 $ 13.00 $ 48,000 Last year the company produced and sold 43,000 units of Weedban and 24,000 units of Greengrow. Its annual common fixed expenses are $104,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 Sales Selling expenses (Gross margin fraceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Not operating income OS 05 0 $ 0

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