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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 $ 33.00 $ 3.10 $12.00 $ 136.000 $ 45,000 Common fixed expenses in the company total $111.000 annually. Last year the company produced and sold 36,000 units of Weedban and 17,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedt Company Greengrow $ 937.500 $ 360,000 S 577,500 321,600 111,600 210.000 615,900 248,400 367,500 Sales Variable expenses Contribution margin raceable food expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 615,900 $ 248.400 $ 367,500 $ 615.900

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