City P oductions pertoms London shows. The average show sels 1,300 t kets at $60 per ticket There are 166 shows per year ?8dbonal shows can be held as the aoast of 65, each ?ring a net average of S340 per show. The cast The other variate cst is a is paid afer each show. The other variatie cost is a program printing cost of s8 per guest. Annual fixed costs total $728,000. Read the requrements Requirement 1. Compute revenue and variable costs for each show Select the formula and enter the amounts to compute sales revenue for each show - Sales revenue per show Select the formuls 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 : Varlable costs per show Requiraments Cost of progrems Cost of perfarmers Total variable costs Requirement 2. Use the equation approach to compute the number of shows City Productions must perform each year to break even First, select the formule to compute the required sales in units to break even 1. Compute revenue and variable costs for each show 2 Use the equation approach to compute the number of shows Clty Producions must perform each year to break even. 3. Use the contribution margin ratio approach to compute the number of shows reeded each yeer to eam a profit of $5.637,500. Is this profe goal realstic? Give your reasoning Target proft Prepare City Productions's contribution margin income statement for 165 Rearrange the formula you detemined above and compule the required number of shows to break even shows performed in 20 18. Report only two ontegories of oosts varable and fixed Choose from any list or enter any number in the input telds and then continue to the next question Prnt Done