Question: Looking forward assistance with figure out this last problem Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and

Looking forward assistance with figure out this last problem

Looking forward assistance with figure out this last problem Galaxy Sports Inc.

Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, rom a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit nformation is available for the two products: Conquistador Hurricane Sales price $4,200 $2,600 ariable cost of goods sold (2,650) (1,740) Manufacturing margin $1,550 $860 Variable selling expenses (668) (496) Contribution margin $882 $364 ixed expenses (410) (150) perating income $472 $214 addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane ales unit volume 2,600 1,800 Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a wh ercent. Galaxy Sports Inc. Contribution Margin by Product Conquistador Hurricane Sales $ Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin 8 11 + 1 - Contribution margin ratio

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