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Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for the current year follows. ATVs sell

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Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for the current year follows. ATVs sell for $3,800 each. Variable selling expenses are $280 per ATV. The remaining selling expenses are fixed. Administrative expenses are 50% variable and 50% fixed. The company does not manufacture its own ATVs, it purchases them from a supplier for $1.870 each POLARIX Income Statement-Consumer ATV Department For Year Ended December 31, 2017 Sales 5665,000 Cost of goods sold 327,250 Gross margin 337,750 Operating expenses Selling expenses $170,000 Administrative expenses 41,400 211,400 Net Income 5126,350 POLARIX Income Statement - Consumer ATV Department For Year Ended December 31, 2017 0 0 Net income (loss) 2. For each ATV sold during this year, what is the contribution toward covering fixed expenses and earning income? Contribution margin per ATV

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