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The Chicago Rattlers play in the American Ice Hockey League. There was no difference between the budgeted and actual contribution (Click the icon to view
The Chicago Rattlers play in the American Ice Hockey League. There was no difference between the budgeted and actual contribution (Click the icon to view the additional information.) margin for lower-tier or upper-tier seats. The manager of the Rattlers was The budgeted and actual average attendance figures per game in the 2020 delighted that actual attendance was 10% above budgeted attendance per season are as follows: game, especially given the depressed state of the local economy in the (Click the icon to view the budgeted and actual average attendance figures.) past 6 months. Read the Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Rattlers 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 Rattlers in 2020. (Calculate all variances in terms of Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used: qty = quantity.) 1. Compute the sales-volume variance for each type of ticket and in total for the The Rattlers play in the Downtown Arena, which is owned and managed by the City of Chicago. The arena has a capacity of 15,000 seats (4,500 lower-tier seats and 10,500 upper-tier seats). The arena charges the Rattlers a per-ticket charge for use of its facility. All tickets are sold by the Reservation Network, which charges Chicago Rattlers 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. the Rattlers a reservation fee per ticket. The Rattlers' budgeted contribution margin for each type of ticket in 2020 is computed as follows: Data table
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