Question: 5 Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4) 2.5 points Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost
5 Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4) 2.5 points Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Woedban Greengro 5 10.00 $36.00 $ 2.40 $ 11.00 $ 133,000 $36,000 Selling price per unit Variable expenses per unit Traceable fixed expenses per year Book Last year the company produced and sold 42,000 units of Weedban and 16,000 units of Greengrow. its annual common fixed expenses are $110,000 Required: Prepare a contribution format Income statement segmented by product lines. Print Product Line References Total Company Weedban Greengrow 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income $ 0 $ 0 $ 0
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