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 $ 3.00 $ 14.00 Traceable fixed expenses per year $ 136.000 $ 31.000 Common fixed expenses in the company total $96.000 annually. Last year the company produced and sold 37.000 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 Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses not traceable to products Net operating income
Answer:
Step-by-step explanation:
Reasoning A store sells packages of comic books with a poster. A poster and 5 comics cost $13.99. A poster and 12 comics cost $20.99. Write a linear function rule that models the cost y of a package containing any number x of comic books. Suppose another store sells a similar package, modeled by a linear function rule with initial value $. Use pencil and paper. Explain which store has the better deal. The linear function rule is y nothing.
Answer:
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Move over 2 decimal places
This would be 38.4%
