Exercise 7-4 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. Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 12.ee $37.00 $ 2.40 $ 13.00 $ 136,000 $ 31,000 Common fixed expenses in the company total $101.000 annually. Last year the company produced and sold 39,500 units of Weedban and 18,500 units of Greengrow. at Required: Prepare a contribution format income statement segmented by product lines. ences Product Line Total Company Weedban Greengrow 0 0 0 Sales Variable expenses Contribution margin Traceable forced expenses Product line segment margin Common forced expenses not traceable to products Het operating income 05 05 0 $ 0