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The Greensboro Performing Arts Center (GPAC) has a total capacity of 7,700 seats: 2,000 center seats, 2,500 side seats, and 3,200 balcony seats. The budgeted
The Greensboro Performing Arts Center (GPAC) has a total capacity of 7,700 seats: 2,000 center seats, 2,500 side seats, and 3,200 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows:
Ticket Price | Percentage Occupied | ||
---|---|---|---|
Budgeted Seats | Actual Seats | ||
Center | $ 75 | 80% | 85% |
Side | 65 | 70 | 75 |
Balcony | 55 | 75 | 65 |
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:
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. The total sales mix variance. (Round your answers to the nearest whole dollar amount.) The total sales quantity variance. (Round your answers to the nearest whole dollar amount.) The total sales volume variance
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