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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

 

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 Product Weedban $11.00 Greengrow $2.40 $ 133,000 $ 34.00 $11.00 $ 34,000 Traceable fixed expenses per year Last year the company produced and sold 44,500 units of Weedban and 25,000 units of Greengrow. Its annual common fixed expenses are $98.000. Required: Prepare a contribution format Income statement segmented by product lines.

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