Question: Mikiule 6 3. EX.07_02ALGO 5. EX.07_05ALGO Progress: 4/5 items Galaxy Sports Inc. manufactures and sells tteo styles of All Terrain Vehicles (ATVs), the Conquistador

Mikiule 6 3. EX.07_02ALGO 5. EX.07_05ALGO Progress: 4/5 items Galaxy Sports Inc.

Mikiule 6 3. EX.07_02ALGO 5. EX.07_05ALGO Progress: 4/5 items Galaxy Sports Inc. manufactures and sells tteo styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurrica ne Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Fixed expenses Operating income $4,800 (3,020) $1,780 (676) $1,104 (520) $584 $3,000 (2,010) Sggo (510) (190) $290 In addition, the following sales unit volume information for the period is as follows: Sales unit volume Conquistador 1,800 Hurricane 1,300 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 Conquistador Sa es Mnufacturinq margin Contribution margin Check My Work Hurricane sc:z Previous

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