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possible A traveling production of The Lion King performs each year. The average show sells 1,500 tickets at $40 a ticket. There are 110

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possible A traveling production of The Lion King performs each year. The average show sells 1,500 tickets at $40 a ticket. There are 110 shows each year. The show has a cast of 70, each earning an average of $350 per show. The cast is paid only after each show. The other variable expense is program printing costs of $6 per guest. Annual fixed expenses total $477,000. Read the requirements.

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