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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. Last year the company produced

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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. Last year the company produced and sold 37,500 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $103,000 Required: Prepare a contribution format income statement segmented by product lines. Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. Last year the company produced and sold 37,500 units of Weedban and 23,500 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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