Product Profitability Analysis Galaxy Sports Inc, manufactures and sells two styles of All Terrain Vehicles (ATV), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following perunt information is available for the two products Conquistador Hurricane Sales price $4,400 $2,500 Variable cost of goods sold (2.770) (1,880) Manufacturing margin $1,630 5920 Variable sang expenses (662) (332) Contribution margin 39611 $588 Fixed expenses (450) (240) Operating income $510 $348 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 2,000 1,500 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 Hurricane Sales unit volume Conquistador 2,000 1,500 m. Prepare a contribution maryn by product report. Compute the contribution margin ratio for each product as a whola percent Galaxy Sports Inc Contribution Margin by Product Conquistador Hurricane b. What advice would you give to the management of Galaxy Sports Inc. regarding the profitability of the two products? The line provides the largest total contribution margin and the largest contribution margin ratio. If the sales me were sted more toward the line, the overall profitabaty of the company would increase