eBook 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 products: Conquistador Hurricane Sales price $5,200 $3,400 Variable cost of goods sold (3,280) (2,280) Manufacturing margin $1,920 $1,120 Variable selling expenses 880) (542 Contribution margin $1,040 $578 Fixed expenses (490) (230) Operating income $550 $348 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 2,400 1,800 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 Direct labor X Contribution margin Cost of goods sold Direct labor Gross profit Sales Feedback Check My Work