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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
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 $6,200 (3,910) $2,290 Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Fixed expenses (528) $722 (290) Operating income $432 In addition, the following sales unit volume information for the period is as follows: Conquistador Sales unit volume (988) $1,302 (610) $692 Sales Variable cost of goods sold Manufacturing margin FUSIONA Variable selling evnenses THE Hurricane $3,800 (2,550) $1,250 3,600 Hurricane 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 2,500 Conquistador $ Hurricane
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