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 inform 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 inform relating to the products follow 2 selling price per unit Variable expenses per unit Product Weedban $ 10.00 $ 3.10 $128,000 Greengrow $40.00 $ 12.00 $ 49,000 Traceable fixed expenses per year Last year the company produced and sold 38,000 units of Weedban and 18,000 units of Greengrow. Its annual common fix expenses are $115,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow
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