Question: Che Exercise 6-4 Basic Segmented Income Statement (L06-4) Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to
Che Exercise 6-4 Basic Segmented Income Statement (L06-4) 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 Prodaet Weedban Greengron $ 9.00 S 33.00 $ 2.20 $ 13.00 $ 137,000 $40,000 Common fixed expenses in the company total $109,000 annually. Last year the company produced and sold 36,000 units of Weedban and 20,000 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Weedban Company Greengrow 0 0 os OS 0 $ 0
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