(Answered) Question - royal lawncare company produces and sells two

Accounting

Question - 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	$9.00	$31.00
Variable expenses per unit	$2.50	$10.00
Traceable fixed expenses per year	$128,000	$44,000

Common fixed expenses in the company total $97,000 annually. Last year the company produced and sold 35,500 units of Weedban and 21,500 units of Greengrow.

Required: Prepare a contribution format income statement segmented by product lines.

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