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Exercise 6-4 (Algo) Basic Segmented Income Statement [LO6-4] Royal Lawncare Company produces and sells two packaged prod
Posted: Mon May 30, 2022 7:17 am
by answerhappygod
- Exercise 6 4 Algo Basic Segmented Income Statement Lo6 4 Royal Lawncare Company Produces And Sells Two Packaged Prod 1 (33.62 KiB) Viewed 13 times
Exercise 6-4 (Algo) Basic Segmented Income
Statement [LO6-4] 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 $9.00 $ 3.10 Greengrow $39.00 $ 13.00 Variable expenses per unit Traceable fixed expenses per year $ 129,000 $ 30,000 Last year the
company produced and sold 39,500 units of Weedban and 16,500 units of Greengrow. Its annual common fixed expenses are $112.000. Required: Prepare a contribution format income
statement segmented by product lines. Product Line Total
Company Weedban Greengrow 0 $ 0 0 $ 0 0 0 $ 0