Exercise 19-20 (Algo) Contribution margin ratio by sales territory LO A1 Big Bikes manufactures and sells mountain bikes in two sales territories, West Coast and East Coast. Information for the year follows. The company sold 610 bikes in each territory. Per unit West Coast East Coast Sales price $ 1, 500 $ 1, 450 Variable cost of goods sold 820 820 Variable selling and administrative expenses 140 50 a. Compute contribution margin (in dollars) for each sales territory. b. Compute contribution margin ratio for each sales territory. Which sales territory has the better contribution margin ratio? Complete this question by entering your answers in the tabs below. es Required A Required B Compute contribution margin (in dollars) for each sales territory. West Coast East Coast Sales Variable expenses Variable cost of goods sold Variable selling and administrative expenses Contribution margin