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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

image text in transcribed 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 (6,000 lower-tier seats and 11,500 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 the year is computed as follows: 13 HW score: 7.82%,7.04 of 90 points (o) Data table e seas hce fig: ty in u s for each type of ticket and in total in the year. then calculate the variance for each type of ticket and in total in the year. Label each variance II variances as positive numbers. Abbreviation used: CM= contribution margin.) 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 (6,000 lower-tier seats and 11,500 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 the year is computed as follows: 13 HW score: 7.82%,7.04 of 90 points (o) Data table e seas hce fig: ty in u s for each type of ticket and in total in the year. then calculate the variance for each type of ticket and in total in the year. Label each variance II variances as positive numbers. Abbreviation used: CM= contribution margin.)

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