Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informati relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban $ 9.00 $ 2.30 $ 131,000 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income Last year the company produced and sold 44,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $109,000. Greengrow $ 32.00 $ 10.00 $ 38,000 Required: Prepare a contribution format income statement segmented by product lines. $ Total Company 0 Product Line 0 Weedban 0 $ 0 Greengrow 0 $ 0 0 €
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informati relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban $ 9.00 $ 2.30 $ 131,000 Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income Last year the company produced and sold 44,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $109,000. Greengrow $ 32.00 $ 10.00 $ 38,000 Required: Prepare a contribution format income statement segmented by product lines. $ Total Company 0 Product Line 0 Weedban 0 $ 0 Greengrow 0 $ 0 0 €
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6PA: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit...
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Question
![Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informati
relating to the products follow:
Selling price per unit
Variable expenses per unit
Traceable fixed expenses per year
Product
Sales
Variable expenses
Weedban
$ 9.00
$ 2.30
$ 131,000
Last year the company produced and sold 44,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed
expenses are $109,000.
Contribution margin
Traceable fixed expenses
Product line segment margin
Common fixed expenses not traceable to products
Net operating income
Required:
Prepare a contribution format income statement segmented by product lines.
Greengrow
$ 32.00
$ 10.00
$ 38,000
$
Total
Company
0
Product Line
0
Weedban
0 $
0
0
Greengrow
$
0
0
€](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96f1460f-c30c-40f6-b439-129c05adb630%2F93ce2415-6e03-4e41-9ab7-f7690975dc98%2Fkqvwbi9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informati
relating to the products follow:
Selling price per unit
Variable expenses per unit
Traceable fixed expenses per year
Product
Sales
Variable expenses
Weedban
$ 9.00
$ 2.30
$ 131,000
Last year the company produced and sold 44,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed
expenses are $109,000.
Contribution margin
Traceable fixed expenses
Product line segment margin
Common fixed expenses not traceable to products
Net operating income
Required:
Prepare a contribution format income statement segmented by product lines.
Greengrow
$ 32.00
$ 10.00
$ 38,000
$
Total
Company
0
Product Line
0
Weedban
0 $
0
0
Greengrow
$
0
0
€
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