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Royal Lawncare Company produces and sells two packaged products-Weedbon and Greengrow. Revenue and cost information relating to the products follow Selling price per unit
Royal Lawncare Company produces and sells two packaged products-Weedbon and Greengrow. Revenue and cost information relating to the products follow Selling price per unit Variable expenses per unit Product Weedban $9.00 $3.10 Greengrow $37.00 14.00 Traceable fixed expenses per year $137,000 $ 46,000 Last year the company produced and sold 37,500 units of Weedban and 18,500 units of Greengrow. Its annual common fixed expenses are $103,000 Required: Prepare a contribution format income statement segmented by product lines Product Uns Total Compaty Weedban Greengrow
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