ufacturing tacility. The manufa Po erfrain Sports Inc. manu actures and sells two styles o All for the two products errain Vehicles ATVS), the Mountan Monster and Desert agon c unng acility operates a 100% o capacity. The ollowing per unt into mation 1s available Mountain Monster Desert Dragon 5,400.00$5,325.00 .200.00 2,125.00 1.273.00 852.00 310.00 2 Sales price ,275.00 2,125.00 937.00 1.188.00 475.00 713.00 | Variable cost of goods sold Manufacturing margin s Variable selling expenses 6 Contribution margin Fixed expenses 8 Income from operations $542.00 | In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 5,400 5,250 Required a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. b. What advice would you give to the management of Power Train Sports Inc. regarding the relative profitability of the two products? Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses a. Prepare a contnibution margin by product report. Calculate the contribution margin ratio for each. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries PowerTrain Sports Ind. Score: 30/78 Contribution Margin by Product Mountain Desert Dragon Monster 2Revenues 3 Variable cost of goods sold 4Manufacturing margin S Variable selling expenses 6 Contribution margin 7Contribution margin ratio