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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price

Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 8.00 $ 34.00 Variable expenses per unit $ 3.10 $ 14.00 Traceable fixed expenses per year $ 130,000 $ 32,000 Last year the company produced and sold 37,000 units of Weedban and 22,500 units of Greengrow. Its annual common fixed expenses are $107,000. Required: Prepare a contribution format income statement segmented by product lines

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