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The Chicago Hawks play in the American Ice Hockey League. LOADING... (Click the icon to view the additional information.) The budgeted and actual average attendance

The Chicago

Hawks

play in the American Ice Hockey League.

LOADING...

(Click

the icon to view the additional information.)

The budgeted and actual average attendance figures per game in the

2020

season are as follows:

LOADING...

(Click

the icon to view the budgeted and actual average attendance figures.)

...

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Part 1

There was no difference between the budgeted and actual contribution margin for lower-tier or upper-tier seats. The manager of the

Hawks

was

delighted

that actual attendance was

10%

above

budgeted attendance per game, especially given the

depressed

state of the local economy in the past 6 months.

image text in transcribedimage text in transcribedimage text in transcribed The Chicago Hawks play in the American Ice Hockey League. (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 Hawks was delighted that actual attendance was 10% above budgeted attendance per game, especially given the depressed state of the local economy in the past 6 months. Read the reniliremente \begin{tabular}{|lrr|} \hline & Budgeted Seats Sold & Actual Seats Sold \\ \hline Lower tier & 4,000 & 3,300 \\ Upper tier & 6,000 & 7,700 \\ \cline { 2 - 3 } Total & 10,000 & 11,000 \\ \hline \end{tabular} 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Hawks 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

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