Any guidance on the below is appreciated! :)
Home - > Students X Mail - Hoffmann, Brittany - Out X @ 6-1 Problem Set: Module Six - / X CengageNOWv2 | Online teach X X 25 https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?inprogress=true 90% ... V E Problem Set: Module 6 eBook 1. TMM.07.01 Product Profitability 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 2. EX.07.02.ALGO products: 3. EX.07.12.ALGO Conquistador Hurricane Sales price $6,200 $3,80 4. TMM.07.05 Variable cost of goods sold (3,910) (2,550) 5. EX.07.05.ALGO Manufacturing margin $2,290 $1,250 Variable selling expenses (864) (680) Contribution margin $1,426 $570 Fixed expenses (670) (230) Operating income $756 $340 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 2,500 1,900 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 v Variable cost of goods sold v Manufacturing margin v Variable selling expenses v Contribution margin v Contribution margin ratio v Feedback Check My Work To recast the contribution margin data by product report, multiply the sales volume by each per unit amount. To calculate the contribution margin ratio, divide the contribution margin by sales. h What adime would wou nie to the management of Galaw Snorts Ine regarding the profitability of the turn products? Progress: 3/5 items Check My Work Previous Next Assignment Score: 71.17% All work saved. Email Instructor Save and Exit Submit Assignment for Grading