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: Mountain 1 Monster Desert Dragon 1 Sales price $5,500.00 $5,300.00 3 Variable cost of goods sold 3,290.00 3,300.00 4 Manufacturing margin $2,210.00 $2,000.00 5 Variable selling expenses 1,000.00 1,152.00 6 Contribution margin $1,210.00 $848.00 7 Fixed expenses 475.00 320.00 8 Income from operations $735.00 $528.00 In addition, the following sales unit volume information for the period is as follows: Mountaln Monster Desert Dragon Sales unit volume 5,000 4.550 Required: 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. b. What advice would you give to the management of PowerTrain Sports Inc. regarding the relative protability of the two products? Amount Descriptions 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 expensesion Margin Report at Prepare a contribution margi_n 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. PowerTrain Sports Inc_ Score: 0/78 Contribution Margin by Product Mountain 1 Desert Dragon Monster 5 Points: _ 0/18 Feedback v V Check My Work To recast the contribution margin data by product report, multiply the sales volume by each per-unit amount. To calculate the contribution margin ratio, divide the contribution margin by sales