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
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 Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 4E: Using the data in E4-2 and spreadsheet software, determine:
The variable cost per unit, the total...
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