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 $4,200 $2,600 Variable cost of goods sold (2,650) (1,740) Manufacturing margin $1,550 $860 Variable selling expenses (668) (496) Contribution margin $882 $364 Fixed expenses (410) (150) Operating income $472 $214 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 3,400 Hurricane 2,500 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Sales Variable cost of goods sold Manufacturing margin Variable selling expenses Conquistador Hurricane Contribution margin Contribution margin ratio % %