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Galaxy Sports Inc. Contribution Margin by Product Sales Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribu margin ratic Conquistador % Hurricane %

Galaxy Sports Inc. Contribution Margin by Product Sales Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribu margin ratic Conquistador % Hurricane %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador $5,000 (3,150) Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses i Contribution margin. $1,850 (1,100) $750 (350) $400 Sales unit volume Fixed expenses Operating income In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane 1,800 Hurricane $3,000 (2,010) $990 (570) $420 (170) $250 2,400
Transcribed Image Text: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 operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador $5,000 (3,150) Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses i Contribution margin. $1,850 (1,100) $750 (350) $400 Sales unit volume Fixed expenses Operating income In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane 1,800 Hurricane $3,000 (2,010) $990 (570) $420 (170) $250 2,400
Galaxy Sports Inc. Contribution Margin by Product Sales Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribution margin ratio Conquistador pob Hurricane %
Transcribed Image Text:Galaxy Sports Inc. Contribution Margin by Product Sales Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin Contribution margin ratio Conquistador pob Hurricane %
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