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 $6,600 $4,200 Variable cost of goods sold (4,160) (2,810) Manufacturing margin $2,440 $1,390 Variable selling expenses (988) (592) Contribution margin $1,452 $798 Fixed expenses (680) (320) Operating income $772 $478 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 3,500 Hurricane 2,600 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 Contribution margin Conquistador Hurricane Contribution margin ratio % %