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Business, 01.04.2020 01:31 moranmar2283

Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to the products follow:

Product
Weedban Greengrow
Selling price per unit $9.00 $36.00
Variable expenses per unit $2.80 $13.00
Traceable fixed expenses per year $132,000 $37,000

Common fixed expenses in the company total $100,000 annually. Last year the company produced and sold 35,000 units of Weedban and 25,000 units of Greengrow.

Required:
Prepare a contribution format income statement segmented by product lines.

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Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and c...
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