average of $290 per show. The cast is paid after each show. The other variable cost is a program-printing cost of $7 per guest. Annual fixed costs total $742,800. Read the requirements Requirement 1. Compute revenue and variable costs for each show Requirements = Sales revenue per show =1 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 $4,750,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning. 4. Prepare Queen Productions' contribution margin income statement for 130 shows performed in the year. Report only two categories of costs: variable and