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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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