Ch $6$ Homework $($Late penalty applies$)$

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Exercise $6-4($Algo$)$ Basic Segmented Income Statement $[$LO$6-4]$

$4$ points

Royal Lawncare Company produces and sells two packaged products$-$Weedban and Greengrow. Revenue and cost information relating to the products follow:

Last year the company produced and sold $42,500$ units of Weedban and $24,500$ units of Greengrow. Its annual common fixed expenses are $$114,000.$

Required:

Prepare a contribution format income statement segmented by product lines.

Mc

Graw

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