Question: mework Saved Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4) Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information
mework Saved Exercise 6-4 (Algo) Basic Segmented Income Statement (L06-4) 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 $ 10.00 $36.00 Variable expenses per unit $ 2.70 $ 13.00 Traceable fixed expenses per year $ 129,000 $ 46,000 Last year the company produced and sold 40,000 units of Weedban and 24.000 units of Greengrow. Its annual common fixed expenses are $106,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Woodban Greengrow 0 0 0 0 $ 0 $ 0 $ 0
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