Royal Lawncare Company produces and sells two packaged productsWeedban and Greengrow. Revenue and cost information...
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Royal Lawncare Company produces and sells two packaged productsWeedban 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 $ 10.00 $ 37.00 $ 3.10 $ 12.00 $ 134,00 $ 35,000 Last year the company produced and sold 37,500 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $106.000. Required: Prepare a contribution format income statement segmented by product lines. Answer is not complete. Product Line Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income OOOOOO 0 $ 0 IS 0 $ 0
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