Orlando Infonautics, Inc. produces Windows phones. Orlando Infonautics markets three different handheld models: WinPro is a souped-up version for the executive on the go, WinCE is a consumer-oriented version, and Winkid is a stripped-down version for the young adult market. You are Orlando Infonautics' senior vice president of marketing. The chief executive officer (CEO) has discovered that the total contribution margin came in lower 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 2020 are as follows: Click the icon to view the budgeted data) Click the icon to view the actual data.) Read the requirements Requirement 1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2020, 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 2020 Actual CM Budgeted CM WinPro WinCE Winkid Total Begin by calculating the actual sales moves for the three products for the third quarter of 2020 Actual sales mix % WinPro % WinCE % Winkid % Total Now calculate the budgorod sales mixes for the three products for the third quarter of 2020. (Enter percentages to one decimal place, XX%) Budgeted sales mix WinPro % WinCE % Winkid % Total in Requirement 3. Calculate total sales-volume, sales-mix, and sales-quantity variances for the third quarter of 2020. (Calculate all variances in terms of contribution mu Let's first determine the formula for the sales volumo variance, then calculate the variance for each product for the third quarter of 2020. (Calculate all variances in tom margina.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers.) Sales-volume ) variance Win Pro WinCE ( Winkid at The total sales volume variance is Now determine the formula for the sales-mix variance, then calculate the variance for each product for the third quarter of 2020. (Calculats all variances in terms of a X 1 Data Table d-up version president of actual results duces nd Win total the cor budge Cost per Budgeted Operating Data, Third Quarter 2020 Variable Sales Selling Contribution Volume Price Unit Margin per Unit in Units WinPro $ 377 $ 185 $ 192 13,580 WinCE 272 93 179 35,890 WinKid 47,530 149 68 81 97,000 Total Cual sales Data Table X%.) Ced per Unit Actual Operating Data, Third Quarter 2020 Selling Variable Cost Contribution Sales Volume in Price Margin per Unit Units WinPro $ 351 $ 177 $ 174 8,640 WinCE 287 95 192 44,280 55,080 WinKid 115 71 44 108,000 Total bes in terms date td Print Done (Calculate form wariand