Question: Exercise 7-4 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

 Exercise 7-4 Basic Segmented Income Statement (LO7-4] Royal Lawncare Company produces

Exercise 7-4 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 Traceable Fixe expenses per year Product Weedban Greengrow g se 33.ee 3 18.ee $ 141.00 Common fixed expenses in the company total $102.000 annually. Last year the company produced and sold 44.500 units of Weedban and 15.500 units of Greengrow. Required: Prepare a contribution format income statement segmented by product lines. 6 Answer is not complete. Product Line Weedban Company Greengrow Sales Variable expenses Contribution margin Tradeable fixed expenses Product line segment margin Common Fixed expenses nor traceable to Products Net operating income 22 0000 522 000

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