0 I! D 1 Test 1 Part 2 (10 points) evaluated for accuracy, completeness, proper format, etc. 2 30 minute time limit 3 4 Complete and submit in Blackboard using Excel, Word, pdf or a picture (but not in a ".numbers" format) 5 6 You own Autumn outdoor theatre, putting on shows during the fall season. 7 Financial information for the 2019 season (there was no 2020 season) is below: 9 Total fixed costs: $2,100,000 10 Variable costs per (admission) ticket sold: $3 12 Ticket sales: 60,000 tickets 13 Ticket price: $30 per ticket 14 Other revenues: None 16 Ticket price (per ticket) will increase by $5 in 2021 17 Variable cost (per ticket) will decrease by 50 cents (more using the app for tickets) in 2021 18 The only other changes for 2021 are indicated specifically for you below (use only yours!): 20 Angie: A $75,000 increase in advertising results in a 20% increase in tickets sold 21 Michael: A $90,000 increase in advertising results in a 25% increase in tickets sold 22 Yanet: A $100,000 increase in advertising results in a 30% increase in tickets sold 23 Erica: A $125,000 increase in advertising results in a 30% increase in tickets sold 24 Khrystyna: A $150,000 increase in advertising results in a 40% increase in tickets sold 25 Cassandra: A $180,000 increase in advertising results in a 40% increase in tickets sold TU 19 ran ---- An Anni 2021 Test 1 Part 2 A1 fx Test 1 Part 2 (10 points) evaluated for accuracy, completenes E A B D 25 Cassandra: A $180,000 increase in advertising results in a 40% increase in tickets sold 26 Joanna: A $180,000 increase in advertising results in a 50% increase in tickets sold 27 Ale: A $200,000 increase in advertising results in a 60% increase in tickets sold 28 Angel: A $200,000 increase in advertising results in a 70% increase in tickets sold 29 Roberto: A $250,000 increase in advertising results in a 70% increase in tickets sold 30 Jose: A $250,000 increase in advertising results in a 80% increase in tickets sold 31 32 Prepare (in the box below) a 2021 Contribution Format Income Statement 34 35 36 37 38 39 40 41 42 43 44 45 46