with notes

Banner Slate Inc. (BSI) produces tablet computers. BSI 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 BSI's senior vice president of marketing. The 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 2018 are as follows: EFF (Click the icon to view the budgeted data.) (Click the icon to view the actual data.) Required Requirement 1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2018. 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 2018. (Round your answer to the nearest whole dollar.) Actual CM SlatePro Budgeted data - X i Actual data - X Slate SlateLite Actual Operating Data, Third Quarter 2018 Budgeted Operating Data, Third Quarter 2018 Total Selling Variable Cost Contribution Sales Volume Selling Variable Cost Contribution Sales Volume Price per Unit Margin per Unit in Units Price per Unit Margin per Unit in Units $ 180 $ 170 11,550 SlatePro $ 373 $ 178 195 14,950 SlatePro $ 350 Slate 287 93 194 40,950 Slate 274 97 177 41,400 SlateLite 52,500 68,650 109 73 36 SlateLite 141 67 74 105,000 115,000 Print Print Done Done