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 mar-gin $1,550 $860 ' Variable selling expenses (794) (.444) Contribution margin $756 $416 Fixed expenses (360) (170) Operating income $396 $246 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane _________._._---- Sales unit volume 1,800 1,400 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 Conquistador Hurricane 5%: V it: {:1 Variable cost of goods sold V J D X [:] Manufacturing margin V J $:] SEC: Variable selling expensgs V V/ [:3 D W J $[::] {:3 Contribution margin ratio V. VI :3 % Q %