P20-38A (similar to) Question Help City Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are held as the theater is also used by other production companies. The average show has a cast of 60, each earning a net average of $320 per show. The cast is paid after each show. The other variable cost is a program-printing cost of $8 per guest. Annual fixed costs total $459,200. 110 shows per year. No additional shows can be Read the requirements. Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show. Net sales revenue per unit Number of units sold =Sales revenue per show 60 1,000 60,000 X Select the formula 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. Variable costs per unit Number of units =Variable costs per show 1000 Cost of programs Cost of performers Total variable costs