es Exercise 7-4 (Algo) 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 $10.00 $ 2.70 $ 133,000 Greengrow $ 31.00 $12.00 $ 34,000 Last year the company produced and sold 43,000 units of Weedban and 16,500 units of Greengrow. Its annual common fixed expenses are $112,000.

Exercise 7.4 (Algo) 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: Last year the company produced and sold 43,000 units of Weedban and 16,500 units of Greengrow its annual common fixed expenses are $112.000 Required: Prepare a contribution format income statement segmented by product lines