Exercise $19-21($Static$)$ Contribution margin ratio by product line LO A$1$

Pro Bike manufactures and sells two types of bikes: road bikes and mountain bikes. The company sold $600$ units of each type of bike during the year.

Per unitRoad bikesMountain bikesSales price: $$1,200$$$800$ Variable cost of goods sold: $840480$ Variable selling and administrative expenses $6064$

Compute the contribution margin $($in dollars$)$ for each product.

Compute the contribution margin ratio for each product. Which product has the better contribution margin ratio?