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.

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

1

Mountain Monster

Desert Dragon

2

Sales price

$5,200.00- Mountain Monster

$5,300.00- Desert Dragon

3

Variable cost of goods sold

3,240.00- Mountain Monster

3,450.00- Desert Dragon

4

Manufacturing margin

$1,960.00- Mountain Monster

$1,850.00- Desert Dragon

5

Variable selling expenses

712.00- Mountain Monster

1,108.00- Desert Dragon

6

Contribution margin

$1,248.00- Mountain Monster

$742.00- Desert Dragon

7

Fixed expenses

470.00- Mountain Monster

320.00- Desert Dragon

8

Income from operations

$778.00- Mountain Monster

$422.00- Desert Dragon

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

Mountain Monster Sales Unit Volume: 4,800 Desert Dragon Sales unit volume: 4,650

Required:

a. Create acontribution marginby 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.