Question: Exercise 6-4 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

 Exercise 6-4 Basic Segmented Income Statement [LO6-4) Royal Lawncare Company produces

Exercise 6-4 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: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 8.00 $32.00 $ 2.50 $ 10.00 $ 134,000 $ 35,000 Common fixed expenses in the company total $114,000 annually. Last year the company produced and sold 38,000 units of Weedban and 19,500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow o 0 0 OS 0 $ 0 $ 0

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