Sales price $4,400 $3,000 Variable cost of goods sold (2,770) (2,010) Manufacturing margin $1,630 $990 Variable selling expenses (750) (510) Contribution margin $880 $480 Fixed expenses (410) (190) Operating income $470 $290 In addition, the following sales unit volume information for the period is as follows Conquistador Hurricane Sales unit volume 3,600 2,600 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 Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribution margin ratio

Question

Sales price $4,400 $3,000 Variable cost of goods sold (2,770) (2,010) Manufacturing margin $1,630 $990 Variable selling expenses (750) (510) Contribution margin $880 $480 Fixed expenses (410) (190) Operating income $470 $290 In addition, the following sales unit volume information for the period is as follows  Conquistador Hurricane Sales unit volume 3,600 2,600 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 Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribution margin ratio

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Sales price $4,400 $3,000 Variable cost of goods sold (2,770) (2,010) Manufacturing margin $1,630 $990 Variable selling expenses (750) (510) Contribution margin $880 $480 Fixed

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