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7 B points Pro Bike manufactures and sells two types of bikes: road bikes and mountain bikes. The company sold 640 units of each type of bike during the year Hentai Spice Variable cost of goods old 1,000 *60 530 Variable selling and distrative pense 50 60 a. Compute contribution margin n dollars) for onch product. b. Compute contribution margin ratio for each product. Which product has the better contribution margin ratio? book Complete this question by entering your answers in the tabs below. Required Tequired Comoute total contribution margin (in collars) for each product Road bike Mountain bikes Contration maryn RA Required) 7 8 port Pro Bike manufactures and sells two types of bikes road bikes and mountain bikes. The company sold 640 units of each type of bike during the year Per Road Mountain bikes Salee price Variante cost of sold 3 1.400 81,000 360 520 Variable selling and administrative expenses 50 60 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? eBook Complete this question by entering your answers in the tabs below. Me Required A Required 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?