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 $6,800 $4,000 Variable cost of goods sold (4,280) (2,680) Manufacturing margin $2,520 $1,320 Variable selling expenses (1,160) (680) Contribution margin $1,360 $640 Fixed expenses (640) (260) Operating income $720 $380 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 2,000 Hurricane 1,400 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent.