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 $5,800 $3,600 Variable cost of goods sold (3,650) (2,410) Manufacturing margin $2,150 $1,190 Variable selling expenses (816) (578) Contribution margin $1,334 $612 Fixed expenses (630) (240) > Operating income $704 $372 In addition, the following sales unit volume information for the period is as follows: Co nq uistador Hurricane Sales unit volume 2,200 1,600 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 ) Conquistador Hurricane Sales V w/ 33:] $:] Variable cost of oods sold V V/ C] C] Manufacturing margin V J $[:] $[:] Variable selling expenses V J [:l [:l Contribution margin V J $[:l $[:] Contribution margin ratio ' 'I [:l \" [:] %