amazing productions perform London shows. The average show sells 900 tickets at $65 per ticket. There are 150 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 55, each earning a net average of $330 per show. The cast is paid after each show. The other variable cost as a program printing cost of $9 per guest. Annual fix cost total $580,500

Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show. Number of units sold Fixed costs = Sales revenue per show X i Requirements x 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Amazing 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 $4,128,000. Is this profit goal realistic? Give your reasoning. 4. Prepare Amazing Productions's contribution margin income statement for 150 shows performed in 2018. Report only two categories of costs: variable and fixed. Print Done Choose from any list or enter any number in the input fields and then click Check Answer. norte