The Greensboro Performing Arts Center (GPAC) has a total capacity of 9,200 seats: 2,600 center seats, 3,100 side seats, and 3,500 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows:

Percentage Occupied

Ticket Budgeted Actual

Price Seats Seats

Center $90 80% 85%

Side 80 70 75

Balcony 70 75 65

Req 2

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.

Req1

The budgeted and actual sales mix percentages for different types of seats.(Round your answers to 4 decimal places. (i.e. .123456 = 12.3456%))

Budgeted Sales MixActual Sales Mix

Center _____________% _________%

Side ____________% _________%

Balcony . ____________% __________%

2A

The budgeted average contribution margin per seat. Assume the ticket price is also the contribution margin.(Round your answer to 2 decimal places.)

Budgeted average contribution margin per seat

3A

The total sales mix variance.(Round your answers to the nearest whole dollar amount.)

Sales Mix Variance

Center _______ ________

Side _______ _______

Balcony _______ _______

Total _______ _______

3B

The total sales quantity variance.(Round your answers to the nearest whole dollar amount.)

Sales Quantity Variance

Center ___________ ____________

Side ____________ . _____________

Balcony _____________ _____________

Total _____________ ______________

Req4

The total sales volume variance.

Sales Volume Variance

Center __________ __________

Side ___________ ___________

Balcony __________ . ____________

Total ___________ _____________