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cast is paid after each show. The other variable cost is a program-printing cost of $6 per guest. Annual fixed costs total $923,440. Read the
cast is paid after each show. The other variable cost is a program-printing cost of $6 per guest. Annual fixed costs total $923,440. Read the Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show. Iotal variapie 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. Requirements 1. Compute revenue and variable costs for each show. 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 $5,250,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning 4. Prepare Amazing Productions' contribution margin income statement for 125 shows performed in the year. Report only two categories of costs: variable and fixed
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