Amazing Productions performs London shows. The average show sells 1,100 tickets at $70 per ticket. There are 150 shows per year. No additional shovs can be held a: the theater is also used by other production companies. The average show has a cast of 45 each eaming a net average of $310 per show The cast is paid affer each show The other variable cost is a program-printing cost of $13 per guest. Annual fixed costs total 5487,500 Read the requitements Requirements 1. Compute revenue and variable costs for each show 2. Use the equation approach to compute the number of shows Amazing Productions nust perform oach year to break even 3. Use the contribution margin ratio approach to compute the number of shovr needed each year to earn a profit of 55,750,000. (Round contributlon ratio to two decimal places ) is this profit goal realtstic? Give your reasoning 4. Prepare Amazing Productions' contribution margin income statement for 150 ch cost separately, and then compute the shows performed in the year Report only two categories of costs variable and fixed