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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 Needban Greengrow Selling price per unit $. 11.00 $ 32.00 Variable expenses per unit 5 2.60 5 13.00 Traceable the expenses per year 5 137,000 5.41,000 Last year the company produced and sold 40.000 units of Weedban and 19.000 units of Greengrow its annual common fored expenses are $105,000 Required: Prepare a contribution format income statement segmented by product lines Product Line Total $32.00 Variable expenses per unit $ 2.60 $ 13.00 Traceable fixed expenses per year $ 137,000 $ 41,000 Last year the company produced and sold 40,000 units of Weedban and 19,000 units of Greengrow Its annual common fixed expenses are $105,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow D 0 $ OS 0 0