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PLease help answer this in next 20 minutes. I posted this before and it wasnt answered. Im responding it again. Product Profitability Analysis capacity. The
PLease help answer this in next 20 minutes. I posted this before and it wasnt answered. Im responding it again.
Product Profitability Analysis capacity. The following per-unit information is available for the two products: \begin{tabular}{lrrr} & Conquistador & Hurricane \\ \hline Sales price & $6,600 & & $4,400 \\ Variable cost of goods sold & (4,160) & & (2,950) \\ \cline { 2 - 2 } & $2,440 & & $1,450 \\ Manufacturing margin & (1,450) & & (834) \\ Variable selling expenses & $990 & & $616 \\ Contribution margin & (470) & & (250) \\ Fixed expenses & $520 & $366 \\ Operating income & = & \end{tabular} In addition, the following sales unit volume information for the period is as follows: \begin{tabular}{lrr} & Conquistador & Hurricane \\ \hline Sales unit volume & 3,600 & 2,600 \end{tabular} 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 ProductStep by Step Solution
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