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# The Greensboro Performing Arts Center (GPAC) has a total capacity of 7,600 seats: 2,000 center seats, 2,500 side seats, and 3,100 balcony seats. The

## The Greensboro Performing Arts Center (GPAC) has a total capacity of 7,600 seats: 2,000 center seats, 2,500 side seats, and 3,100 balcony seats. The budgeted and actual tickets sold for a Broadway musical show are as follows: Percentage Occupied Center Side Balcony Ticket Price $ 90 Budgeted Actual Seats Seats 90% 95% 80 85 85 75 80 70 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. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 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 Mix Actual Sales Mix Center % % Side Balcony % % % % Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 4 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 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 Total Favorable Favorable Unfavorable Favorable 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 Req 1 Req 2 Req 3A Req 3B Req 4 The total sales volume variance. Sales Volume Variance Center Side Balcony Total Favorable Favorable Unfavorable Unfavorable

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Calculate the Budgeted and Actual Sales Mix Percentages First we need to determine the budgeted and actual number of seats sold for each type Total Seats Center 2000 seats Side 2500 seats Balcony 3100 ...### Get Instant Access to Expert-Tailored Solutions

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