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The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,000 seats: 2,100 center seats, 2,600 side seats, and 3,300 balcony seats. The budgeted
The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,000 seats: 2,100 center seats, 2,600 side seats, and 3,300 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows: Percentage Occupied Budgeted Actual Seats Seats 90% 95% 80 85 85 75 Ticket Price $ 90 80 70 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 complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 The total sales quantity variance. (Round your answers to the nearest whole dollar amount.)
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