Product Profitability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVS), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $4,400 $2,800 Variable cost of goods sold (2,770) (1,880) Manufacturing margin $1,630 $920 Variable selling expenses (618) (360) Contribution margin $1,012 $560 Fixed expenses Operating income (480) $532 (220) $340 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 3,600 Hurricane 2,700 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Sales Variable cost of goods sold Manufacturing margin Conquistador x Hurricane x Variable selling expenses x x Contribution margin x X Contribution margin ratio 23 % 20 %