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Problem 1 : International Productions performs Cats, the play. The average show sells 1 , 2 0 0 tickets at $ 4 5 . 0
Problem : International Productions performs Cats, the play. The average show sells tickets at $ a ticket. There are shows a year. Cats has a cast of each earning an average of $ a show. The cast is paid after each show. The other variable expense is program printing cost of $ per guest. Annual fixed expense is $ Questions: Calculate total revenue and total variable expenses for each show. pts How many show Cats must perform each year to break even? Show all of your calculations and answer the question in a complete sentence. pts Using contribution margin approach, calculate the number of shows needed each year to earn a profit of $ Show your calculations and answer the question in a complete sentence. pts Fill out excel sheet.
Problem :
International Productions performs Cats, the play. The average show sells tickets at $ a ticket. There are shows a year. Cats has a cast of each earning an average of $ a show. The cast is paid after each show. The other variable expense is program printing cost of $ per guest. Annual fixed expense is $
Questions:
Calculate total revenue and total variable expenses for each show. pts
How many show Cats must perform each year to break even? Show all of your calculations and answer the question in a complete sentence. pts
Using contribution margin approach, calculate the number of shows needed each year to earn a profit of $ Show your calculations and answer the question in a complete sentence. pts
Fill out excel sheet.
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