PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products:

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

Required:

Prepare a contribution margin by product report. Calculate the contribution margin ratio for each. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

Monster 2 Sales price $5,400.00 3 Variable cost of goods sold 3,255.00 4 Manufacturing margin $2,145.00 5 Variable selling expenses 1,065.00 6 Contribution margin $1,080.00 7 Fixed expenses 485.00 Income from operations $595.00 Monster $5,400.00 $5,300.00 3,255.00 3,400.00 $2,145.00 $1,900.00 1,065.00 946.00 $1,080.00 $954.00 485.00 305.00 $595.00 $649.00 Mountain Monster Desert Dragon und volume Mountain bonter Deals o n Sales unit volume 5,300 5,150 Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses