Tie One on budgeted for production and sales of 12,000 silk ties, but actually produced 11,000 and sold 10,500. Each tie has the following standards:
1 foot of material at a budgeted cost of $1.50 per foot and 20 minutes of sewing time at a cost of $0.25 per unit. The ties sell for $8. Actual material cost for the production of 11,000 ties were $1.54 per foot. Actual total sewing time was 242,000 minutes and labor costs were $0.24 per minutes.

1. What was the budgeted contribution margin per tie?
2. What was the actual contribution margin per tie?

Please help me resolve this question..? Thank you so much for your consideration...

Well, since you've already had answers to your other homework handed to you on a silver platter, how about this time you show us an effort to do your own work first. If you've made an attempt to do it, then post that so someone can check it and explain. If you're lost, say where you're lost so someone can explain that part. I'm not doing your work for you.