The Chicago Wolves 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 Wolves was unhappy that actual attendance was 12% below budgeted attendance per game, especially given the booming state of the local economy in the past 6 months. Read the requirements Requirement 1. Compute the sales-volume variance for each type of ticket and in total for the Chicago Wolves 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 Wolves in 2020. (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 variance Lower-tier ( Upper-ter The total sales-volume variance is Requirement 2. Compute the sales-quantity and sales-mix variances for each type of ticket and in total in 2020. Let's first determine the formula for the sales-quantity variance, then calculate the variance for each type of ticket and in total in 2020. Label each variance as favorable (F) or unfavorable (U) (Enter percentages as a whole number. Enter all variances as positive numbers. Abreviation used: CM contribution margin.) Lower-tier Upper-tier Actual The total sales-quantity variance is Budgeted )x sales-mix Sales-quantity CM per ticket variance