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core: 13.33 of 20 pts P20-38A (similar to) 1 of 1 (1 completely HW Score: 66.67%, 13.33 of 20 pt Question Help Tower Productions performs

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core: 13.33 of 20 pts P20-38A (similar to) 1 of 1 (1 completely HW Score: 66.67%, 13.33 of 20 pt Question Help Tower Productions performs London shows. The average show sols 1.300 tickets S60 percet. There are 170 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 65, each eaming a netaverage of $340 per show. The cast is paid after each show. The other variable cost is a program printing cost of Sa per guest. Arnulfed costs $728.000 Read the requirements places, XX XX. Abbreviation used: CM contribuon margin) Food costs ($728.000 Target profa + $ 5,687,500 ) ) CM ratio 58.33 % Required sales in dollars $ 10,908.628 Now use the information given and the required sales in a computed in the previous step to determine the required number of shows needed each year lo com a profit of $5.687,500 Round your u p to the nearestore number The number of shows needed annually low a profit of $5,687.500 is Is this profit goal realistic? Give your reasoning The profit goal of $5,687.500 is realist i ce Tower Productions currently performs 170 shows a year Requirement 4. Prepare Tower Production's contribution margin income men for 170 shows performed in 2018. Report only two categories of costs variable and fed Tower Productions Contribution Margie Income Statement Year Ended December 31, 2018 i Regiments 1 Computerevenue and variable costs for each show Use the proach to comp uter of shows Tower Productions mul portom each year to break even 1 Use the ton marginapproach to comm e ntere shows Other Operating income Los) 4 Prepare Tower Productos co n mari income tant for 170 who performed in 2018 Report only we gones of water and Choose from any lost or enter any number in the input fields and then click Check And Check All parts showing a w E R YU 0 Plii

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