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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: Product Selling price per unit

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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: Product Selling price per unit Weedban $10.00 $ 2.50 Greengrow $ 37.09 $11.00 Variable expenses per unit Traceable fixed expenses per year $ 137,000 $ 48,000 Last year the company produced and sold 36.500 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $103,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 S 0 0 $ 0 0 $ Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $674. Selected data for the company's operations last year follow units in beginning inventory Units produced 25,000 23,000 Units sold 2,000 Units in ending inventory Variable costs per unit: Direct materials Direct labor $130 $330 $57 Variable manufacturing overhead Variable selling and administrative Fixed costs: $24 Fixed manufacturing overbead Fixed selling and adsinistrative $ 680,00 5.650.000 Required: A Assume that the company uses absorption costing, Compute the unit product cost for one gamelan. (Round your Intermediate calculations and final answer to the nearest whole dollar amount.) 2. Assume that the company, uses variable costing Compute the unit product cost for one camelen. 1 Absorption costing unit product cost 2 Variable costing unit product cost

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