Question: answers needed Exercise 7-4 Basic Segmented Income Statement (LO7-4) Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating

Exercise 7-4 Basic Segmented Income Statement (LO7-4) 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 Greengrow $ 11.00 $ 37.00 $ 2.40 $ 13.00 $ 129,000 $ 37,000 Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 43,000 units of Weedban and 15,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Woedban Greengrow 0 0 0 05 05 0 $ 0
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