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 Weedban Greengrow Selling price per unit $ 11.00 $ 40.00 Variable expenses per unit $ 2.90 $ 10.00 Traceable fixed expenses per year $129,000 $42,000 Last year the company produced and sold 44,000 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $99,000. Required: Prepare a contribution format income statement segmented by product lines. Che Last year the company produced and sold 44,000 units of Weedban and 23,500 units of Greengrow. Its annual common fixed expenses are $99,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income 0 S 0 $ 0 $ 0 Prey 1 of 4 Next >