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Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 11.00 $36.00 $ 2.40 $ 10.00 $ 129,000
Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 11.00 $36.00 $ 2.40 $ 10.00 $ 129,000 $ 46,000 Common fixed expenses in the company total $107.000 annually. Last year the company produced and sold 43,000 units of Weedban and 23,500 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 on 0
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