Question: 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

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 $ 8.00 Greengrow $31.00 Variable expenses per unit $ 2.80 $ 13.00 Traceable fixed expenses per year $ 129,000 $ 40,000 Last year the company produced and sold 40,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $96,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow

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