Preparation of contribution format income statement segmented by product lines -
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please help! Ch 7 Graded Homework 4 Exercise 7-4 Basic Segmented Income Statement (LO7-4) 1.42 points...
Exercise 6-4 (Algo) Basic Segmented Income Statement [LO6-4]Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to the products follow: ProductWeedbanGreengrowSelling price per unit$11.00$39.00Variable expenses per unit$2.20$15.00Traceable fixed expenses per year$130,000$49,000 Last year the company produced and sold 36,500 units of Weedban and 16,500 units of Greengrow. Its annual common fixed expenses are $98,000. Required:Prepare a contribution format income statement segmented by product lines.
Exercise 7-4 Basic Segmented Income Statement [LO7-4] 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 $ 31.00 Variable expenses per unit $ 2.80 $ 15.00 Traceable fixed expenses per year $ 132,000 $ 40,000 Common fixed expenses in the company total $100,000 annually. Last year the company produced and sold 40,000 units of Weedban and 23,500 units of Greengrow....
Exercise 6-4 Basic Segmented Income Statement [LO6-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: WeedbanG Selling price per unit Variable expenses per uni t Traceable fixed expenses per year reengrow $10. 00 39.00 $2. 4012.00 38, 000 134,000 Common fixed expenses in the company total $97,000 annually. Last year the company produced and sold 42,500 units of Weedban and 17,500 units of Greengrow Required: Prepare a contribution...
Exercise 6-4 Basic Segmented Income Statement [LO6-4] 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 $ 8.00 $ 39.00 Variable expenses per unit $ 3.00 $ 12.00 Traceable fixed expenses per year $ 132,000 $ 39,000 Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 43,500 units of Weedban and 16,000 units of Greengrow....
Exercise 7-4 Basic Segmented Income Statement (L07-4) 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 Greengrow $ 10.00 $ 32.00 $ 3.10 $ 13.00 $ 133,000 $ 49,000 Common fixed expenses in the company total $106,000 annually. Last year the company produced and sold 35,500 units of Weedban and 24,500 units of Greengrow....
Exercise 6-4 Basic Segmented Income Statement [LO6-4] 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 $ 8.00 $ 38.00 Variable expenses per unit $ 3.00 $ 10.00 Traceable fixed expenses per year $ 134,000 $ 34,000 Common fixed expenses in the company total $106,000 annually. Last year the company produced and sold 41,500 units of Weedban and 25,000 units of Greengrow....
EXERCISE 4-4 Basic Segmented Income Statement QL04-4 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Selling price per unit Variable expenses per unit Traceable fixed expenses per year Weedban $6.00 $2.40 $45,000 Greengrow $7.50 $5.25 $21,000 Page 204 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. Required: Prepare a contribution...
Exercise 6-4 Basic Segmented Income Statement (LO6-4] 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 Greengrow $ 11.00 $ 38.ee $ 2.70 $ 14.ee $ 137,000 $ 32.000 Common fixed expenses in the company total $103,000 annually. Last year the company produced and sold 44,000 units of Weedban and 21,500 units of Greengrow....
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 $ 8.00 $ 39.00 Variable expenses per unit $ 2.30 $ 11.00 Traceable fixed expenses per year $ 131,000 $ 50,000 Common fixed expenses in the company total $113,000 annually. Last year the company produced and sold 36,500 units of Weedban and 23,000 units of Greengrow. Required: Prepare a contribution format...
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 $ 9.00 $ 39.00 $ 2.70 $ 12.00 $ 135,000 $ 40,000 Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 38,500 units of Weedban and 17,000 units of Greengrow. Required: Prepare a contribution format income statement...