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 $6,800 $4,200 (4,280) (2,810) Variable cost of goods sold Manufacturing margin Variable selling expenses $2,520 $1,390 (956) (676) Contribution margin $1,564 $714 Fixed expenses (740) (290) Operating income $824 $424 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 3,300 2,400 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 $ X Variable cost of goods sold X Manufacturing margin $ $ Variable selling expenses Contribution margin $ contribution margin ratio X % 17 %