a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Conquistador Hurricane Sales 6,000 X 3,600 X Variable cost of goods sold -3,780 X -2,410 X Manufacturing margin 2,220 X 1,190 X Variable selling expenses -900 X -650 X Contribution margin 1,320 X 540 X Contribution margin ratio 22 V% 15 %Product Protability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $6,000 $3,600 Variable cost of goods sold (3,780) (2,410) Manufacturing margin $2,220 $1,190 Variable selling expenses (900) (650) Contribution margin $1,320 $540 Fixed expenses (620) (220) Operating income $700 $320 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 3,400 2,600