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	$5,800		$3,800
Variable cost of goods sold	(3,650)		(2,550)
Manufacturing margin	$2,150		$1,250
Variable selling expenses	(816)		(566)
Contribution margin	$1,334		$684
Fixed expenses	(630)		(270)
Operating income	$704		$414

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
Variable cost of goods sold
Manufacturing margin
Variable selling expenses
Contribution margin
Contribution margin ratio