Requirement $2.$ Compute the$$ sales$-$quantity and$$ sales$-$mix variances for each type of ticket and in total in

$20202020.$

$$Let$\text{'}$s first determine the formula for the$$ sales$-$quantity variance, then calculate the variance for each type of ticket and in total in

$20202020.$

Label each variance as favorable$($F$)$ or unfavorable$($U$).($Enter percentages as a whole number. Enter all variances as positive numbers. Abrreviation$$ used: CM$=$ contribution$$ margin.$)$

Part $6$

Part $7$

$$

$$

Actual

$$

Budgeted

$$

Budgeted

Budgeted

$$

Sales$-$quantity

$$

$($

# of all tickets sold

$-$

# of all tickets sold

$)$

sales$-$mix

$\%$

CM per ticket

$=$

variance

Lower$-$tier

$($

$12,000$

$-$

$12,500$

$)$

$40$

$\%$

$$20$

$=$

$$4,000$

U

Upper$-$tier

$($

$-$

$$

$)$

$$

$\%$

$$

$=$

$$

$$