Builder Style Manager: Scope and Limitations
While Style Manager aims to provide basic styling changes to your Builder theme, the presence of Style Manager does not mean that one can escape writing custom CSS code. Style Manager can be used to set styles for some elements, but it is not an extensive tool that covers each and every element on a webpage.
Style Manager & Custom CSS
In some cases, even when an option to style a particular element seems to be present in Style Manager, it might not actually work because the child theme's style.css overrides it. Some child themes have specific styling for some of the options provided by Style Manager, so your styles will be overridden.
To combat this,
Style Manager Global Styles
It is not possible to apply one set of styles to the complete module or individual widgets of a module differently than other modules of that type. i.e., the styles that you set to widget bar modules will apply to all widget bar modules. Ex.: You will not be able to apply say, a blue background to just one widget bar module while the rest of them have been set to say, a red background via Style Manager. For such changes, style.css has to be edited manually.