and sells two packaged products-Weedban and Revenue and cost information relating to the products follow: Selling price per unit..... Product Weedban $6.00 Greengro $7.50
and sells two packaged products-Weedban and Revenue and cost information relating to the products follow: Selling price per unit..... Product Weedban $6.00 Greengro $7.50
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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EXERCISE 4-4 Basic Segmented Income Statement L04-4
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 fixed expenses per year
Product
Weedban
$6.00
$2.40
$45,000
Greengrow
$7.50
$5.25
$21,000
61

Transcribed Image Text:Chapter 4
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Common fixed expenses in the company total $33,000 annually. Last year the company produced
and sold 15,000 units of Weedban and 28,000 units of Greengrow.qsadi
Required:
Prepare a contribution format income statement segmented by product lines.
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