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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

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 per unit $ 11.00 $ 38.00 Variable expenses per unit $ 2.80 $ 11.00 Traceable fixed expenses per year $ 131,000 $ 32,000 Last year the company produced and sold 36,000 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $103,000.
Required: Prepare a contribution format income statement segmented by product lines.

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