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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow....

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Accounting

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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 5 39.00 $ 2.90 $ 13.00 $ 130,000 $36,000 Common fixed expenses in the company total $109,000 annually. Last year the company produced and sold 39,000 units of Weedban and 16,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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