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 $4,800 $3,000 Variable cost of goods sold (3,020) (2,010) Manufacturing margin $1,780 $990 Variable selling expenses (772) (420) Contribution margin $1,008 $570 Fixed expenses (470) (230) Operating income $538 $340 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 3,200 Hurricane 2,400 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 Sales Variable cost of goods sold s Manufacturing margins Variable selling expenses - Contribution margin Contribution margin ratio Hurricane