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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/unit
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/unit | $6.00 | $7.50 |
Variable expense/unit | $2.40 | $5.25 |
Traceable fixed expenses/year | $45,000 | $21,000 |
Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. Its annual common fixed expenses are $33,000
Determine the companys net operating income and contribution margin income statement segmented by product line.
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