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need help understanding... need a breakdown of how to get the numbers please Ceieb Productions performs London shows. The average show sells 1,030 tickets at

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Ceieb Productions performs London shows. The average show sells 1,030 tickets at 565 per scket. There are 160 shows per year No additional shows can be hold as the theater is also used by other production companies. The average show has a cast of 55 , each earning a net average of 5330 par show The cast is paid atter oach show. The olther variable coss is a program printing cost of $12 per guest. Annual fixed costs total $728.800 Read the sagurements Requirements 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Celeb 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 $4,800,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning. 4. Prepare Celeb Productions' contribution margin income statement for 160 shows performed in the year. Report only two categories of costs: variable and fixed. Requirement 1. Compute revenue and variable costs for each show: Select the formula and enter the amounts to compute sales revenue for each show Requirement 2. Use the equation approach to compute the number of shows Celeb Productions must perform each year to break even First. select the formula to compute the required sales in units to break even Rearrange the formula you determined above and compute the required number of shows to break even. The number of shows needed annualy to break even is Requirement 3. Use the contribuson margin ratio approach to compute the number of shows needed each year to earn a profit of 54.800 .000 . (Round contritution rafio to two decimal places.) is this profit goal teallstic? Give your roasoning. Begin by showing the formula and then entering the amounts to calculate the requied sales dollars 10 eam a profit of 54.800,000. (Round the required sales in dollars to the nearest whole dollar. Round amounts in the formula to two decimal places, XX YOX. Abbreviation used. CM = contribution margin) Now use the information given and the required sales in dollars cormputed in the previous stop to detemine the required number of shows needed each year to earn a profi of $4,800,000. (Round your answer up to the nearest whole number.) The number of shows needed annually to earn a profit of 54,800,000b Is this proit goal realitic? Give your reasoning The profil ooal ot $4,800,000 is since Celeb Productions currently perfarms 160 shows a year Requirement 4. Prepare Celeb Productions' contribution margin income statement for 160 shows performed in the year Report only Avo categorlas of costs. variable and fixad Caleb Productions Contribution Margin lncome Statement Year Lnded December 31,20xCX Operating income (Loss)

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