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Business, 24.08.2021 16:10 stephanie1105

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 $36
Variable expenses per unit $2.6 $10
Traceable fixed expenses per year $133,000 $37,000

Common fixed expenses in the company total $109,000 annually. Last year the company produced and sold 42,500 units of Weedban and 22,500 units of Greengrow.

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

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