4. Exercise 7-4 Basic Segmented Income Statement [LO7-4) 25 points 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 $10.00 34.00 Variable expenses per unit $2.70 $10.00 Traceable fixed expenses per year $136.000 $ 48,000 01263 Common fixed expenses in the company total $105,000 annually. Last year the company produced and sold 45,000 units of Weedban and 20.500 units of Greengrow Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedba Groengrow 0 0 05 0 5 0 0 4. Exercise 7-4 Basic Segmented Income Statement [LO7-4) 25 points 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 $10.00 34.00 Variable expenses per unit $2.70 $10.00 Traceable fixed expenses per year $136.000 $ 48,000 01263 Common fixed expenses in the company total $105,000 annually. Last year the company produced and sold 45,000 units of Weedban and 20.500 units of Greengrow Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedba Groengrow 0 0 05 0 5 0 0