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Aboyne Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models. Slate Pro is a souped-up version for the executive on the
Aboyne Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models. Slate Pro is a souped-up version for the executive on the go; Slate is a consumer-oriented version; and Slate Lite is a stripped-down version for the young adult market. You are ASI's senior vice president of marketing. The CEO has discovered that the total contribution margin came in higher than budgeted, and it is your responsibility to explain to him why actual results are different from the budget. Budgeted and actual operating data for the company's third quarter of 2022 are as follows: (Click the icon to view the budgeted data.) Required (Click the icon to view the actual data.) Requirement 1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2022. Begin by computing the actual contribution margins (CM). Then, compute the budgeted contribution margins in dollars for each product and in total for the third quarter of 2022. (Round your answer to the nearest whole dollar.) SlatePro Slate SlateLite Actual CM Total Aboyne Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models. Slate Pro is a souped-up version for the executive on the go; Slate is a consumer-oriented version; and Slate Lite is a stripped-down version for the young adult market. You are ASI's senior vice president of marketing. The CEO has discovered that the total contribution margin came in higher than budgeted, and it is your responsibility to explain to him why actual results are different from the budget Budgeted and actual operating data for the company's third quarter of 2022 are as follows: (Click the icon to view the budgeted data.) Required Budgeted data Requirement 1. Compute the actual and budgeted contri Begin by computing the actual contribution margins (CM). dollar.) Actual CM SlatePro Slate SlateLite Total Budgeted Operating Data, Third Quarter 2022 Selling Variable Cost Price per Unit Contribution Margin per Unit SlatePro $ 377 $ 181 $ 196 Sales Volume in Units 13,580 ter of 2022. (Round your answer to the nearest whole Slate SlateLite 271 94 177 35,890 47,530 147 72 75 97,000 Print Done Aboyne Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models. SlatePro is a souped-up version for the executive on the go; Slate is a consumer-oriented version; and SlateLite is a stripped-down version for the young adult market. You are ASI's senior vice president of marketing. The CEO has discovered that the total contribution margin came in higher than budgeted, and it is your responsibility to explain to him why actual results are different from the budget Budgeted and actual operating data for the company's third quarter of 2022 are as follows: (Click the icon to view the budgeted data.) Required Actual data Requirement 1. Compute the actual and budgeted contr Begin by computing the actual contribution margins (CM) dollar.) Actual CM SlatePro Slate SlateLite Total Actual Operating Data, Third Quarter 2022 Selling Variable Cost Price per Unit Contribution Margin per Unit SlatePro $ 370 $ 179 $ 191 Sales Volume in Units 4,600 ter of 2022. (Round your answer to the nearest whole Slate 284 90 194 49,450 SlateLite 108 71 60,950 37 115,000 Print Done Aboyne Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models. Slate Pro is a souped-up version for the executive on the go; Slate is a consumer-oriented version; and SlateLite is a stripped-down version for the young adult market. You are ASI's senior vice president of marketing. The CEO has discovered that the total contribution margin came in higher than budgeted, and it is your responsibility to explain to him why actual results are different from the budget. Budgeted and actual operating data for the company's third quarter of 2022 are as follows: (Click the icon to view the budgeted data.) Required (Click the icon to view the actual data) Required Requirement 1. Compute the actual and budgeted contrib Begin by computing the actual contribution margins (CM). dollar.) SlatePro Actual CM 1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2022. 2. Calculate the actual and budgeted sales mixes for the three products for the third quarter of 2022. 3. Calculate total sales-volume, sales-mix, and sales-quantity variances for the third quarter of 2022. (Calculate all variances in terms of contribution margins.) 4. Given that your CEO gets very angry if actual results differ from budgeted, you want to be well prepared for this meeting. In order to prepare, write a paragraph or two comparing actual results to budgeted amounts. arter of 2022. (Round your answer to the nearest whole Slate SlateLite Total Print Done
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