Total | Weedban | Green grow | |
Sales | 990000 | (37500*10) = 375000 | (20500*30) = 615000 |
Variable expenses | 325000 | (37500*3.20) = 120000 | (20500*10) = 205000 |
Contribution margin | 665000 | 255000 | 410000 |
Traceable fixed expenses | 176000 | 133000 | 43000 |
Segment margin | 489000 | 122000 | 367000 |
Common fixed expenses | 111000 | ||
Net operating income | 378000 |
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Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating...
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 $ 39.00 Variable expenses per unit $ 3.00 $ 10.00 Traceable fixed expenses per year $ 133,000 $ 38,000 Common fixed expenses in the company total $112,000 annually. Last year the company produced and sold 41,500 units of Weedban and 20,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 12.00 $ 33.00 Variable expenses per unit $ 2.70 $ 12.00 Traceable fixed expenses per year $ 137,000 $ 43,000 Common fixed expenses in the company total $97,000 annually. Last year the company produced and sold 41,000 units of Weedban and 20,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 11.00 $ 36.00 Variable expenses per unit $ 2.70 $ 14.00 Traceable fixed expenses per year $ 137,000 $ 30,000 Common fixed expenses in the company total $109,000 annually. Last year the company produced and sold 37,000 units of Weedban and 20,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 12.00 $ 34.00 Variable expenses per unit $ 2.40 $ 12.00 Traceable fixed expenses per year $ 137,000 $ 34,000 Common fixed expenses in the company total $100,000 annually. Last year the company produced and sold 41,500 units of Weedban and 20,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 Greengrow $ 8.00 $31.00 $ 2.30 $ 10.00 $ 129,000 $ 30,000 Common fixed expenses in the company total $110,000 annually. Last year the company produced and sold 44,000 units of Weedban and 24,000 units of Greengrow. Required: Prepare a contribution format income statement segmented...
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 Greengrow $ 10.00 $ 37.00 $ 2.80 $ 12.00 $ 131,000 $ 33,000 Common fixed expenses in the company total $105,000 annually. Last year the company produced and sold 44,000 units of Weedban and 24,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 11.00 $ 40.00 Variable expenses per unit $ 3.00 $ 11.00 Traceable fixed expenses per year $ 130,000 $ 42,000 Common fixed expenses in the company total $107,000 annually. Last year the company produced and sold 43,000 units of Weedban and 24,000 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 10.00 $ 37.00 Variable expenses per unit $ 2.80 $ 12.00 Traceable fixed expenses per year $ 130,000 $ 34,000 Last year the company produced and sold 36,000 units of Weedban and 15,500 units of Greengrow. Its annual common fixed expenses are $114,000. Required: Prepare a contribution format income statement segmented by...
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 $ 10.00 $ 34.00 Variable expenses per unit $ 3.10 $ 12.00 Traceable fixed expenses per year $ 132,000 $ 46,000 Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 44,500 units of Weedban and 16,500 units of Greengrow. Required: Prepare a contribution format income statement...
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 $ 10.00 $ 33.00 Variable expenses per unit $ 2.40 $ 12.00 Traceable fixed expenses per year $ 134,000 $ 37,000 Common fixed expenses in the company total $104,000 annually. Last year the company produced and sold 36,000 units of Weedban and 15,500 units of Greengrow. Required: Prepare a contribution format income statement...