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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales mix variance. (Round your answers to the nearest whole dollar amount.) Sales Mix Variance Center Side Balcony $ 4,741 Favorable 16,000 Favorable 26,370 Unfavorable Total $ 4,370 Favorable 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales quantity variance. (Round your answers to the nearest whole dollar amount.) Sales Quantity Variance Center Side Balcony Total $ 4,007 Unfavorable 1,500 Unfavorable 1,530 Unfavorable $ 4,570 Unfavorable The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,400 seats: 2,400 center seats, 2,900 side seats, and 3,100 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows: Percentage Occupied Ticket Budgeted Actual Center Side Balcony Price $110 Seats Seats 90% 95% 100 80 85 90 85 75 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales mix variance. (Round your answers to the nearest whole dollar amount.) Sales Mix Variance

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 10MC: Which of the following is one of the two approaches used to analyze data in the decision to keep or...
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not use ai please
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.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2
Req 3A
Req 3B
Req 4
The total sales mix variance. (Round your answers to the nearest whole dollar amount.)
Sales Mix Variance
Center
Side
Balcony
$
4,741
Favorable
16,000
Favorable
26,370
Unfavorable
Total
$
4,370 Favorable
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.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2
Req 3A
Req 3B
Req 4
The total sales quantity variance. (Round your answers to the nearest whole dollar amount.)
Sales Quantity Variance
Center
Side
Balcony
Total
$
4,007 Unfavorable
1,500 Unfavorable
1,530 Unfavorable
$
4,570 Unfavorable
Transcribed Image Text: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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales mix variance. (Round your answers to the nearest whole dollar amount.) Sales Mix Variance Center Side Balcony $ 4,741 Favorable 16,000 Favorable 26,370 Unfavorable Total $ 4,370 Favorable 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales quantity variance. (Round your answers to the nearest whole dollar amount.) Sales Quantity Variance Center Side Balcony Total $ 4,007 Unfavorable 1,500 Unfavorable 1,530 Unfavorable $ 4,570 Unfavorable
The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,400 seats: 2,400 center seats, 2,900 side seats, and 3,100
balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows:
Percentage Occupied
Ticket Budgeted Actual
Center
Side
Balcony
Price
$110
Seats
Seats
90%
95%
100
80
85
90
85
75
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.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2
Req 3A
Req 3B
Req 4
The total sales mix variance. (Round your answers to the nearest whole dollar amount.)
Sales Mix Variance
Transcribed Image Text:The Greensboro Performing Arts Center (GPAC) has a total capacity of 8,400 seats: 2,400 center seats, 2,900 side seats, and 3,100 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows: Percentage Occupied Ticket Budgeted Actual Center Side Balcony Price $110 Seats Seats 90% 95% 100 80 85 90 85 75 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 The total sales mix variance. (Round your answers to the nearest whole dollar amount.) Sales Mix Variance
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