Horngrens accounting 11th edition chapter 21 question 57B City Productions perform london shows. The avg show sells 900 tickets at 65 per ticket, 140 shows per yr. Avg show has cast of 55 each earning avg of 330 per show, the cast is pd after each show. The other variable cost is a cost of $9 per guest. Annual fixed cost total 580500. !)use equation approach to compute # of shows city prod must perform to break even. 2)use Contribution margain ratio approach to compute the # of shows needed each yr to earn profir of 4,128,000, Is this profit goal realistic? give reasoning. 3) prepare City Productions contribution margain income statement for 140 shows performed in 2016. report only 2 categories of costs: variable and fixed.