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The Chicago Ravens play in the American Ice Hockey Leaque. (Click the icon to view the additional information.) The budgeted and actual average attendance figures per game in the 2020 season are as follows. (Click the icon to view the budgeted and actual average attendance figures.) There was no difference between the budgeted and actual contribution margin for lower-tier or upper-tier seats. The manager of the Ravens was unhappy that actual attendance was 20% below budgeted attendance per game, especially given the booming state of the local economy in the past 6 months. Read the requirements. Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020 . (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used qty = quantity ) Requirements 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) 2. Compute the sales-quantity and sales-mix variances for each type of ticket and in total in 2020 . 3. Comment on the variance results from requirements 1 and 2 . Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used qty = quantity.) Salesvolume = variance More info The Ravens play in the Downtown Arena, which is owned and managed by the City of Chicago. The arena has a capacity of 17,500 seats (6,500 lower-tier seats and 11,000 upper-tier seats). The arena charges the Ravens a per-ticket charge for use of its facility. All tickets are sold by the Reservation Network, which charges the Ravens a reservation fee per ticket. The Ravens' budgeted contribution margin for each type of ticket in 2020 is computed as follows: The Chicago Ravens play in the American Ice Hockey Leaque. (Click the icon to view the additional information.) The budgeted and actual average attendance figures per game in the 2020 season are as follows. (Click the icon to view the budgeted and actual average attendance figures.) There was no difference between the budgeted and actual contribution margin for lower-tier or upper-tier seats. The manager of the Ravens was unhappy that actual attendance was 20% below budgeted attendance per game, especially given the booming state of the local economy in the past 6 months. Read the requirements. Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020 . (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used qty = quantity ) Requirements 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) 2. Compute the sales-quantity and sales-mix variances for each type of ticket and in total in 2020 . 3. Comment on the variance results from requirements 1 and 2 . Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of ticket and in total for the Chicago Ravens in 2020. (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used qty = quantity.) Salesvolume = variance More info The Ravens play in the Downtown Arena, which is owned and managed by the City of Chicago. The arena has a capacity of 17,500 seats (6,500 lower-tier seats and 11,000 upper-tier seats). The arena charges the Ravens a per-ticket charge for use of its facility. All tickets are sold by the Reservation Network, which charges the Ravens a reservation fee per ticket. The Ravens' budgeted contribution margin for each type of ticket in 2020 is computed as follows