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	$5,000		$3,000
Variable cost of goods sold	(3,150)		(2,010)
Manufacturing margin	$1,850		$990
Variable selling expenses	(950)		(540)
Contribution margin	$900		$450
Fixed expenses	(420)		(180)
Operating income	$480		$270

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

	Conquistador		Hurricane
Sales unit volume	2,800		2,100

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	%	%