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Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue...

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Accounting

Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information relating to the products follow:
Product
Weedban Greengrow
Selling price per unit $ 6.00 $ 7.50
Variable expenses per unit $ 2.40 $ 5.25
Traceable fixed expenses per year $ 45,000 $ 21,000
Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. Its annual common fixed expenses are $33,000.
Required:
Prepare a contribution format income statement segmented by product lines.

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