Exercise 7-4 (Algo) Basic Segmented Income Statement (L07-4) 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 $ 2.70 $ 10.00 Traceable fixed expenses per year $ 128,000 $ 45,000 Last year the company produced and sold 42,000 units of Weedban and 18,000 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines. hces Product Line Total Company Weedban Greengrow