Question: Check my work Exercise 7-4 Basic Segmented Income Statement [L07-4) Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information
Check my work Exercise 7-4 Basic Segmented Income Statement [L07-4) 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 Greengrov $ 9.00 $ 30.00 $ 2.30 $. 12.00 $ 138,000 $ 36,000 Common fixed expenses in the company total $96,000 annually. Last year the company produced and sold 36,500 units of Weedban and 23,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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