please help with these 2 questions, thank you Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost informationrelating to the products follow:ProductWeedbanSelling price per unitVariable expenses per unitTraceable fixed expenses per year$$$ 130,000Greengrow$ 40.00$ 11.00$ 38,00011.003.20Common fixed expenses in the company total $98,000 annually. Last year the company produced and sold 40,000 units of Weedbanand 15,500 units of Greengrow.Required:Prepare a contribution format income statement segmented by product lines.Product LineTotalWeedbanGreengrowCompany Piedmont Company segments its business into two regions-North and South. The company prepared the contribution formatsegmented income statement as shown:TotalCompanyNorthSouth$ 800,000560,000240,000$ 600,000480,000$ 200,00080,000SalesVariable expensesContribution marginTraceable fixed expenses120,00061,000120,00061,000122,000Segment margin118,000$ 59,000$ 59,000Common fixed expenses52,000Net operating income$ 66,000Required:1. Compute the companywide break-even point in dollar sales.2. Compute the break-even point in dollar sales for the North region.3. Compute the break-even point in dollar sales for the South region.(For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.)1. Dollar sales for company to break-even2. Dollar sales for North segment to break-even3. Dollar sales for South segment to break-even

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val Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information ating to the products follow: Product Weedban Greengrow elling price per unit ariable expenses per unit raceable fixed expenses per year 11.00 40.00 $ 11.00 $ 38,000 $ 3.20 $ 130,000 mmon fixed expenses in the company total $98,000 annually. Last year the company produced and sold 40,000 units of Weedban 15,500 units of Greengrow. quired: pare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company

val Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information ating to the products follow: Product Weedban Greengrow elling price per unit ariable expenses per unit raceable fixed expenses per year 11.00 40.00 $ 11.00 $ 38,000 $ 3.20 $ 130,000 mmon fixed expenses in the company total $98,000 annually. Last year the company produced and sold 40,000 units of Weedban 15,500 units of Greengrow. quired: pare a contribution format income statement segmented by product lines. Product Line Total Weedban Greengrow Company

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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