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England Productions performs London shows. The average show.I sells 1.300 tickets at $60 per ticket. There are 150 shows a year. No ad the theater

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England Productions performs London shows. The average show.I sells 1.300 tickets at $60 per ticket. There are 150 shows a year. No ad the theater is also used by other production companies. The average show has a cast of 55. each earning a net average of $340 per sho show. The other variable cost is a program-printing cost 01 $8 per guest. Annual fixed costs total $T28.000. Requirements: 1. Compute revenue and variable costs for each show. 2. Use the income statement equation approach to compute the number of shows England Productions must perform each year to break 3. Use the contribution margin approach to compute the number of shows needed each year to earn a prot of 55.587500. Is this prot g 4. Prepare England Productions' contribution margin income statement for 150 shows performed in 2012. Report only two categories of c

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