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 $$4,200$ $$2,600$

Variable cost of goods sold $(2,650)(1,740)$

Manufacturing margin $$1,550$ $$860$

Variable selling expenses $(584)(366)$

Contribution margin $$966$ $$494$

Fixed expenses $(450)(200)$

Operating income $$516$ $$294$

In addition, the following sales unit volume information for the period is as follows:

Conquistador Hurricane

Sales unit volume $3,3002,400$

Question Content Area

a$.$ Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent.