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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable
Royal Lawncare Company produces and sells two packaged productsWeedban 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 $ 38.00 $ 3.20 $ 12.00 $ 138,000 $ 40,000 Last year the company produced and sold 37,500 units of Weedban and 20,000 units of Greengrow. Its annual common fixed expenses are $114,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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