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Data table The Wolves play in the Downtown Arena, which is owned and managed by the City of Chicago. The arena has a capacity of

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Data table The Wolves play in the Downtown Arena, which is owned and managed by the City of Chicago. The arena has a capacity of 17,500 seats \\( (6,000 \\) lower-tier seats and 11,500 upper-tier seats). The arena charges the Wolves a per-ticket charge for use of its facility. All tickets are sold by the Reservation Network, which charges the Wolves a reservation fee per ticket. The Wolves' budgeted contribution margin for each type of ticket in 2020 is computed as follows: Requirements 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Wolves 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 . Pequirement 2. Compun the sales-quarticy and sales ex variances bor each ope of fickel and in fotal in 2020. Requirement 3. Comment on the variance results from requirements 1 and 2 . The Chicago Wolves average attendance by \4 per game. The net result: the actual contribution margin was the budgeted contribution margin

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