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 Product Weedban Greengrow Selling price per unit $ 10.ee $ 38.ee Variable expenses per unit $ 2.9 $ 13.ee Traceable fixed expenses per year $ 135,000 $ 38,000 Last year the company produced and sold 42,500 units of Weedban and 16,000 units of Greengrow. Its annual common fixed expenses are $103,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 42.500 s 16.000 0 42,500 16.000 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Matartina Inemo O $ 42,500 S 16,000 ol
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