Amazing Productions performs London shows The average show sells 900 tickets at $65 per ticket. There are 145 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 5330 per show The cast is paid after each show The other variable cost is a program-printing cost of S9 per guest Annual fixed costs total $580,500 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 Number of units sold Variable costs per unit Sales revenue per show 900 05 58500 BO Select the formula and enter the amounts to compute variable costs for each show Compute the variable costs per show for each cost separately and then compute the total variable costs per show Total fixed cost Variable costs per unit Variable costs per show Cost of programs Cost of performers Total variable costs Requirement 2. Use the equation approach to compute the number of shows Amazing Productions must perform each year to break even First, select the formula to compute the required sales in units to break even Variable costs Target profit Rearrange the formula you determined above and compute the required number of shows to break even 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 contribution margin ratio approach to compute the number of shows needed each year to earn a profit of 54,128,000 (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning Begin by showing the formula and then entering the amounts to calculate the required satos dollars to earn a profit of 54,128,000 (Round the required sales in dollars to the nearest whole dollar Round amounts in the formula to two decimal places XX XX Abbreviation used CM = contribution margin CM per unit Required sales in dollars Now use the information given and the required sales in dollars computed in the provious stop to determine the required number of shows needed each year to earn a profit of $4,128,000 (Round your answer up to the nearest wholo number) The number of shows needed annually to earn a profit of $4128 000 is Is this profit goal realistic? Give your reasoning The profit goal of $4, 128,000 is unrealistic since Amazing Productions currently performs 145 shows a year