part 1-

this is one questions. two parts please go step by step for requaremts and make sure answer isnt cut off. please help im so lost.

part 2-

Tower Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are 150 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 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. Read the requirements breve Requirements nter the enter the able costs 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Tower 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 $4,264,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning 4. Prepare Tower Productions' contribution margin income statement for 150 shows performed in the year. Report only two categories of costs: variable and fixed. separately, a Tower Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are 150 shows per year. No additional shows can be Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show Sales revenue per stw 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 show Cost of programs Cost of performers Total variable costs Requirement 2. Use the equation approach to compute the number of shows Tower Productions must perform each year to break even, First, select the formula to compute the required sales in units to break even Target profit Tower Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are 150 shows per year. No additional shows can be Rearrange the formula you determined above and compute the required number of shows to break even The number of shows needed annually to break even is Requirement 3. Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $4,264,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning Begin by showing the formula and then entering the amounts to calculate the required sales dollars to com a profit of $4264,000. (Round the required sales in dollars to the nearest whole dollar. Round amounts in the formula to two decimal places, XXXX. Abbreviation used. CM = contribution margin.) - Required sales in dollars Now use the information given and the required sales in dollars computed in the previous step to determine the required number of shows nooded each year to cam a profit of SA, 264,000. (Round your answer up to the nearest whole number) The number of shows hooded annually to earn a profit of SA 284,000 is Is this profit goal realistic? Give your reasoning The profit goal of 54.254.000 in since Tower Productions currently performs 150 shows a year Tower Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are 150 shows per year. No additional shows can be The number of shows needed annually to earn a profit of S4 264,000 is Is this profit goal realistic? Give your reasoning The profit goal of 84,264,000 is since Tower Productions currenty performs 150 shows a year Requirement 4. Prepare Tower Productions contribution margin income statement for 150 shows performed in the year. Report only two categories of costs variable and fixed Tower Productions Contribution Margin Income Statement Year Ended December 31, 20XX Operating Income (Loss) The contribution margin income statement of Creative Donuts for August 2024 follows: Click the icon to view the contribution margin income statement) 10 Creative sols five dozen plain donuts for every dozen custard-filled donuts. A dozen plain donuts sells for $4.00, with total variable cost of $1.60 per dozen. A dozen custard-filled donuts solls for $7.00, with total variable cost of $2 80 por dozen Read the requirements 68 ++++ 1.00, with total variable cos ew the contributio Data table ulate the weighted Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Net Sales Revenue $ 126,000 Variable Costs: Cost of Goods Sold $ 32,000 Selling Costs 17,300 Administrative Costs 1,100 50,400 Contribution Margin 75,600 Fixed Costs: Collinn Corte 36.450 in contribution margin pa pur answer by preparing a sum Determine Creative's md hin inrame etatement att Data table ate the weighted- $ 126,000 $ Net Sales Revenue Variable Costs: Cost of Goods Sold Selling Costs Administrative Costs Contribution Margin Fixed Costs: Selling Costs Administrative Costs 32,000 17,300 1,100 50,400 75,600 Contribution margin pe 36,450 12,150 48,600 27,000 termine Creative's md inanma etatement at pur answer by preparing a summa Operating Income Requirements Iculate the 1. Calculate the weighted average contribution margin. 2. Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. 3. Compute Creative's margin of safety in dollars for August 2024. 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 30%. (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix remains unchanged.) 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 30% increase in total sales. (The sales mix remains unchanged.) gin ge contribution Determine Cre by preparing a sus nin inrama eta The contribution margin income statement of Creative Donuts for August 2024 Creative sells five dozen plain donus 10 overy BOZULUSA! Requirement 1. Calculate the weighted average contribution margin (Round all currency amounts to the nearest cent.) Plain Filled Total Contribution margin Weighted average contribution margin per unit Requirement 2. Determine Creative's monthly breakeven point in dozens of plan donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs variable and fixed We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to compute the breakeven point in units for the package of products-total dozens of donuts to be sold. (Complete all input fields. Enter a "0" for any zero balances Enter currency amounts to the nearest cent. Abbreviation used: Weighted avg CMweighted average contribution margin) Roquired sales in units *** The contribution margin income statement of Creative Donuts for August 2024 Croative sais five dozen plain donuts for every dozen custard-filcoconuts. A used: Weighted-avg. CM = weighted average contribution margin.) ) = Required sales in units Determine Creative's monthly breakeven point in dozens of plain donuts and custard-filled donuts The breakeven point is dozen plain donuts and dozen custard-filled donuts Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales Show only two categories of costs: variable and fixed. (Enter a "O" for any zero balances.) Creative Donuts Contribution Margin Income Statement Plain Filled Total Net Sales Revenue Variable Costs Contribution Margin The contribution margin income statement of Che Contribution Margin Income Statement Plain Filled Net Sales Revom Total 16 Variable Costs 44 Contribution Margin Fixed Costs Operating Income Requirement 3. Compute Creative's margin of safety in dollars for August 2024. (The contribution margin income statement provided should be used to determine any expected results Margin of safety in dollars Requirement 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 30% (Round the degree of operating leverage to four decimal places and the final answer to the nearest dolar Assume the sales mix remains unchanged) nativeroo for Creative Donuts (Round the degree of cortina leverace to four decimal laces XXX Requirement 4. Compute the degree of operating leverage for Creative Donuts. Estimate the new operating income if total sales increase by 30% (Round the degree of operating leverage to four decimal places and the final answer to the nearest dollar. Assume the sales mix romains unchanged.) Begin by computing the degree of operating leverage for Creative Donuts (Round the degree of operating leverage to four decimal places, XXXXX) Degree of operating leverage 68% 09 44 Estimate the new operating income it total sales increase by 30%. (Round interim calculations to four decimal places ind your firat armwer to the rearot dollar Assume the sales mix remains unchanged) The estimated operating income will be Requirements. Prove your answer to Requirement 4 by proparing a contribution margin income statement wm a 30incerte in total sales. The sales mix romains unchanged) Creative Donuts Contribution Margin income Statement Month Ended August 31, 2024 Net Sales Reven Requirement 5. Prove your answer to Requirement 4 by preparing a contribution margin income statement with a 30% increase in total sales. The sales mix remains unchanged.) Creative Donuts Contribution Margin Income Statement Month Ended August 31, 2024 Nel Sales Revenue Variable costs Contribution Margin Food Costs Operating Income