louces 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 $9.00 $ 2.90 $ 137,000 Greengrow $38.00 $13.00 $44,000 Last year the company produced and sold 43,500 units of Weedban and 24,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Prepare a contribution format income statement segmented by product lines. $ Total Company 0 Product Line 0 Weedban 0 $ 0 Greengrow 0 $ 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:
Selling price per unit
Variable expenses per unit
Traceable fixed expenses per year.
Product
Weedban
$9.00
$ 2.90
$ 137,000
Greengrow
$38.00
$13.00
$ 44,000
Last year the company produced and sold 43,500 units of Weedban and 24,500 units of Greengrow. Its annual common fixed
expenses are $100,000.
Required:
Prepare a contribution format income statement segmented by product lines.
$
Total
Company
0
0
0
Product Line
Weedban
$
0
Greengrow
0 $
0
0
Transcribed Image Text: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 $9.00 $ 2.90 $ 137,000 Greengrow $38.00 $13.00 $ 44,000 Last year the company produced and sold 43,500 units of Weedban and 24,500 units of Greengrow. Its annual common fixed expenses are $100,000. Required: Prepare a contribution format income statement segmented by product lines. $ Total Company 0 0 0 Product Line Weedban $ 0 Greengrow 0 $ 0 0
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