Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information rela

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Royal Lawncare Company Produces And Sells Two Packaged Products Weedban And Greengrow Revenue And Cost Information Rela 1 (48.82 KiB) Viewed 12 times

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 $ 2.60 Greengrow $ 35.00 $ 11.00 Variable expenses per unit Traceable fixed expenses per year $ 132,000 $ 36,000 Last year the company produced and sold 44,500 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow $ 0 0 $ 0 0 0 $ 0 0