Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] 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 Product Weedban $9.00 $3.20 Greengrow $ 34.00 $ 14.00 Traceable fixed expenses per year $131,000 $ 40,000 Last year the company produced and sold 42,500 units of Weedban and 17,000 units of Greengrow. Its annual common fixed expenses are $110,000. Required: Prepare a contribution format income statement segmented by product lines. W $ Product Line Total Company Weedban Greengrow 0 0 0 S 0 $ 0 YOU Skip