1-55A (similar to) Question Help tsh Productions performs London shows. The average show sols 1300 ks at $60 per ticket. There are 160 shows per year. No aditional shows can be held as the rester also used by other production companies. The average show as a cost of 65, scheming a ne average of $340 per show. The cast is paid for each show. The other variable cost is a program printing cost of per guest. Annual feed costs a $728.000 ad the tourments Sequirement Computerevenue and able costs for each show. Select the forma and enter the amounts to compute sales revenue for each sho Requirements 1. Com e and variable for each show 2. Use the equation approach to computer number of shows British Productions must perform each your lo v e 3 Use the contribuon marginato approach to the number of shows needed each year o n a profit of $6.687.500. rogol realistic? Give your reasoning Ronnie 160 shows performed in 2018 Report only goes of costs variable and Print Dore P21-55A (similar to) Is Question Help British Productions performs London shows. The average show sells 1,300 tickets at $60 per ticket. There are 160 shows per year. No additional shows can be held as the theater is also used by other production companies. The average show has a cast of 65, each eaming a net average of $340 per show. The cast is paid after each show. The other variable cost is a program-printing cost of $8 per guest. Annual fixed costs total $728,000. Read the requirements Requirement 1. Compute revenue and variable costs for each show Select the formula and enter the amounts to compute sales revenue for each show. - Sales revenue per show Requirements Incorrect b) (0/1) Computo revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows British Productions must perform each year to break even. 3. Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $5,687,500. Is this profit goal realistic? Give your reasoning Prepare British Productions's contribution margin income statement for 160 shows performed in 2018. Report only two categories of costs: variable and food Choose from any list or enter &