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C O Not secure | ezto.mheducation.com/hm.tpx?_-0.4253796973182178 1523225111045

ID: 2514531 • Letter: C

Question

C O Not secure | ezto.mheducation.com/hm.tpx?_-0.4253796973182178 1523225111045 D RPISIS Rensselaer WebmailBlackboard LearnP Pearson Rensselaer Calculus S 10.00 points 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 Weedban Greengrow S 8.00 $36.00 S 2.90 $14.00 $ 129,000 $39,000 Common fixed expenses in the company total $104,000 annualy Last year the company produced and sold 39,500 units of Weedban and 15,500 units of Greengrow Required Prepare a contribution format income statement segmented by product lines Product Line Total Company Weedban Greengrow Sales margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products 0 Type here to search

Explanation / Answer

39,500 15,500 product line total weedban Greengrow company Sales 874000 316000 558000 Variable expenses 331550 114550 217000 contribution margin 542450 201450 341000 traceable fixed expenses 168,000 129,000 39,000 product line segment margin 374,450 72,450 302,000 common fixed not traceable 104,000 net operating income 270,450