British Production performs London shows. The average show sells $1,000$ tickets at $$60$ per ticket. There are $165$ shows per year. No additional shows can be held as the theatre is also used by other production companies.$$ The average show has a cast of $60,$ each earning a net average of $$320$ per show. The cast is paid after each show. The other variable cost is a program$-$printing cost of $$8$ per guest. Annual fixed costs total $$459,200.$

Requirement $1.$ Compute revenue and variable cost for each show.

Requirement $2.$ use the equation approach to compute the number of shows British Productions must perform each year to break even.

Requirement $3.$ Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $$4,264,000.$ is this profit goal realistic? Give your reasoning.

Requirement $4.$ Prepare British Productions's contribution margin income statement for $165$ shows performed in $2018.$ Report only two categories of costs: variable and fixed.