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The Greensboro Performing Arts Center (GPAC) has a total capacity of 9,400 seats: 2,600 center seats, 3,100 side seats, and 3,700 balcony seats. The budgeted
The Greensboro Performing Arts Center (GPAC) has a total capacity of 9,400 seats: 2,600 center seats, 3,100 side seats, and 3,700 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows: Percentage Occupied Ticket Budgeted Actual Price Seats Seats $ 80 80% 85% 70 70 75 60 75 65 Center Side Balcony The actual ticket prices were the same as those budgeted. Once a show has been booked, the total cost does not vary with the total attendance. Required: Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. X Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. & Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Reg 4 The budgeted and actual sales mix percentages for different types of seats. (Round your answers to 4 decimal places. (i.e. .123456 = 12.3456%)) Actual Sales Mix Budgeted Sales Mix 29.6370 % 30.8900 X % Center % Side Balcony 39.5000 X % % Req 2 > Required: Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. X Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Reche Req Reg 3B Reg 4 The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. (Round your answer to 2 decimal places.) $ 69.01 Budgeted average contribution margin per seat Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Reg 3A Req 3B Reg 4 The total sales mix variance. (Round your answers to the nearest whole dollar amount.) Sales Mix Variance Center $ 12.400 X 12.670 Side X X X 20.160 Balcony Total Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. X Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req Reg 3B Req 4 The total sales quantity variance. (Round your answers to the nearest whole dollar amount.) Center $ Side Sales Quantity Variance 2,000 X Unfavorable 1.820 X Unfavorable 2,040 X Unfavorable 5,860 X Unfavorable Balcony Total Compute the following for the show: 1. The budgeted and actual sales mix percentages for different types of seats. 2. The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin. 3-a. The total sales mix variance. 3-b. The total sales quantity variance. 4. The total sales volume variance. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3A Req 3B Reg 4 The total sales volume variance. Sales Volume Variance Center Side Balcony Total
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