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Variable selling expenses (1,100) (612) Contribution margin $750 $448 (350) (180) Fixed expenses $400 $268 Operating income In addition, the following sales unit volume information

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Variable selling expenses (1,100) (612) Contribution margin $750 $448 (350) (180) Fixed expenses $400 $268 Operating income In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 1,900 1,400 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as 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 % P/O Feedback Check My Work 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 opera 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $5,000 $3,200 Variable cost of goods sold (3,150) (2,140) Manufacturing margin $1,850 $1,060 Variable selling expenses (1,100) (612) Contribution margin $750 $448 Fixed expenses (350) (180) Operating income $400 $268 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 1,900 1,400 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

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