her ave October 8.32 Calculating sales variances (LOI, LO2, LOS). BCS University provides you with the fol- wimports' sales price variance for October lowing data regarding its football program for the most recent season (note this data omits revenues from concessions, apparel, etc.) Master Budget Actual Result Sales (# of seats for the season) 480,000 Average ticket price per seat 500,000 Variable cost per seat $60.00 $62.00 $3.00 $3.20 Fixed costs (salaries and facilities, etc.) $12,000,000 $12,250,000 Required: a. What is BCS University's total profit variance for football?! b. What is BCS University's football sales volume variance? c. What is BCS University's football sales price variance? d. Briefly discuss why, for BCS University, the total profit variance does not equal the sum of the sales revenue and sales price variances