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Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Woedban Greengrow $ 9.00 $ 32.00 $ 3.00 $ 11.00 $

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Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Woedban Greengrow $ 9.00 $ 32.00 $ 3.00 $ 11.00 $ 137,000 $ 40,000 Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 44,000 units of Weedban and 22,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 0 $ 0 $ 0 $ 0

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