All Requirements please

Queen Productions performs London shows. The average show sols 1 300 tickets at $60 por ticket There are 155 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 each earning a netaverage of $340 per show The cast is pad after each show The other variable cost is a program-printing cost of Sporquest Annual fixed costs of $728.000 Read the requirements Requirement 1. Computo revenue and vintable costs for wachshow Select the formula and enter the amounts to computo sales revenge for each show Sales revenue pot show Select the formule and enter the amounts to computo variable costs for each show compute the variable costs per show for each cost separately, and then compute the total costs per show Variable costs por show Cost of program Cot of perfomson Tot able costs www.tv i Requirements . 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Queen 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 4. Prepare Queen Productions's contribution margin income statement for 155 shows performed in 2018. Report only two categories of costs: variable and fixed. Print Done Requirement 2. Use the equation approach to compute the number of shows Queen Productions must perform each year to break even First, select the formula to compute the required sales in units to break even Target profit Rearrange the formula you determined above and compute the required number of shows to break even The number of shows needed annually to break even is . Requirement 3. Use the contbuton 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. Bogin by showing the formula and then entering the amounts to calculate the required sales de llars to earn a profit of $5,667 500 (Round the required as n dollars to the nearest whole dollar Round amounts in the formula to two decimal places XXXX Abbreviation used CM contribution margin = Roquod sales in dollars Now use the information given and the required sales in dollars computed in the previous step to determine the required number of shows nouded each year to earn a profit of $5,687 500. (Round your answer to the nearest whole number The number of shows needed annually to an a profit of $5 687 500 is Is this protit goal resto Give your reasoning The profit goal of $5 687 500 since Queen Productions currently performs 155 shows a year Requirement 4. Prepare Queen Productions's contribution margin income statement for 155 shows performed in 2018 Report only two categories of costs variable and fixed Queen Productions Contribution Margin Income Statement Year Ended December 31, 2018 Operating income foss)