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: ok Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $31.00 $ 2.80 $ 10.00 $ 131,000 $ 44,000 ht ht nces Last year the company produced and sold 45,000 units of Weedban and 19,500 units of Greengrow. Its annual common fixed expenses are $114,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow 0 0 0 0 $ 0 $ 0 $ 0 2 Exercise 6-7 (Algo) Segmented Income Statement [L06-4) ok Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $660,000, 42%, and $13,200, respectively. The North Division's contribution margin and contribution margin ratio are $119,600 and 46%, respectively. The South Division's segment margin is $64,000. The company has $105,600 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).) ht ht nces Divisions South Total Company Amount North Amount Amount %