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Pro Bike manufactures and sells two types of bikes: road bikes and mountain bikes. The company sold 560 units of each type of bike during the year. Per unit Road bikes Mountain bikes Sales price $ 1,600 Variable cost of goods sold $ 1,300 1,130 830 Variable selling and administrative expenses 70 80 a. Compute contribution margin (in dollars) for each product b. Compute contribution margin ratio for each product. Which product has the better contribution margin ratio? 82 Complete this question by entering your answers in the tabs below. Required A Required B Compute total contribution margin (in dollars) for each product. Road bikes Mountain bikes Contribution margin ROLA Required B > Pro Bike manufactures and sells two types of bikes: road bikes and mountain bikes. The company sold 560 units of each type of bike during the year. Per unit Road bikes Mountain bikes Sales price $ 1,600 $ 1,300 Variable cost of goods sold 1,130 Variable selling and administrative expenses a. Compute contribution margin (in dollars) for each product. b. Compute contribution margin ratio for each product. Which product has the better contribution margin ratio? 830 78 80 Complete this question by entering your answers in the tabs below. Required A Required B Compute contribution margin ratio for each product. Which product has the better contribution margin ratio? Road bikes Mountain bikes Contribution margin ratio Which product has the better contribution margin ratio?