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 $6,400 $4,000 Variable cost of goods sold (4,030) (2,680) Manufacturing margin $2,370 $1,320 Variable selling expenses (962) (640) Contribution margin $1,408 $680 Fixed expenses (660) (270) Operating income $748 $410 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 3,300 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 Conquistador HurricaneIn addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 3,300 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 Conquistador Hurricane Sales v Variable cost of goods sold v Manufacturing margin v Variable selling expenses v Contribution margin Contribution margin ratio v