The Chicago Rattlers 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 2017 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 Rattlers was delighted that actual attendance was 20% above budgeted attendance per game, especially given the depressed state of the local economy in the past six months Read the requirements More info 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 (5,500 lower-tier seats and 9,500 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 the Rattlers a reservation fee per ticket. The Rattlers' budgeted contribution margin for each type of ticket in 2017 is computed as follows: Lower-Tier Upper-Tier Tickets Tickets Selling price $ 30 $ 16 Downtown Arena fee 10 7 5 Reservation Network fee $ 15 $ Contribution margin per ticket 3 6 Print Done Data table Lower tier Budgeted Seats Sold Actual Seats Sold 4,500 4,200 5,500 7,800 Upper tier Total 10,000 12,000 Print Done X Requirements 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Rattlers in 2017. (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 2017. 3. Comment on the variance results from requirements 1 and 2. Print Done Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Rattlers in 2017. (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 2017. (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used: qty = quantity.) Sales-volume (Actual sales qty in units - Budgeted sales qty in units ) Budgeted CM per ticket variance Lower-tier U =