Chapter 6 - Concepts Overview and Exercises 13 2 points Seved Help Save & Exit Submit Check my work Exercise 6-4 (Algo) Basic Segmented Income Statement [LO6-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Selling price per unit Weedban $12.00 Greengrow $ 34.00 eBook Variable expenses per unit Traceable fixed expenses per year $ 2.30 $136,000 $ 14.00 $ 48,000 Hint Print Last year the company produced and sold 38,500 units of Weedban and 16,500 units of Greengrow. Its annual common fixed expenses are $102,000. Required: Prepare a contribution format income statement segmented by product lines. References Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income Product Line Total Company Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0