Royal Lawncare Company produces and selis two packaged products-Weedban and Greengrow. Revenue and cost information relating...
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Royal Lawncare Company produces and selis two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. Product Selling price per unit Varinble expenses per unit Traceable fixed expensen per year Meedban $ 11.00 $ 2.30 $ 135,000 Greengrov $39.00 $ 13.00 $ 34,000 Last year the company produced and sold 42,500 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Weedban Greengrow Company Royal Lawncare Company produces and selis two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow. Product Selling price per unit Varinble expenses per unit Traceable fixed expensen per year Meedban $ 11.00 $ 2.30 $ 135,000 Greengrov $39.00 $ 13.00 $ 34,000 Last year the company produced and sold 42,500 units of Weedban and 21,500 units of Greengrow. Its annual common fixed expenses are $108,000. Required: Prepare a contribution format income statement segmented by product lines Product Line Total Weedban Greengrow Company
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Answer rating: 100% (QA)
A E 1 Total Calculation Weedban Calculation GreenGrow 2 Sales 1306000 4250011 467500 2150039 83... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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