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

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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 Weedban $9.00 $ 2.80 $ 129,000 Product Greengrow $ 35.00 $ 14.00 $ 42,000 Last year the company produced and sold 37,000 units of Weedban and 15,000 units of Greengrow. Its annual common fixed expenses are $97,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company $ 0 0 0 Product Line Weedban $ 0 0 Greengrow $ + 0 0
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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: Last year the company produced and sold 37,000 units of Weedban and 15,000 units of Greengrow. Its annual common fixed expenses are $97,000. Required: Prepare a contribution format income statement segmented by product lines

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