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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
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 Weedban Greengrow $ 10.00 $ 37.00 $ 2.50 $ 11.00 $ 134,000 $ 34,000 Common fixed expenses in the company total $112.000 annually. Last year the company produced and sold 42,000 units of Weedban and 17,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow es 0 0 0 S 0 S 0
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