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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 Moedban GreenEON S 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 Company Woodban Greengrow $ 937.500 $ 360,000 S 577,500 321,600 111,600 210,000 615,000 248,400 367 500 Sales Variable expenses Contribution margin Traceable fixed 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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