Queen Productions performs London how the wage show els tickets 585 There are 14 shows per year No adicional shows can be held as thesd by other production companies. The more 65.cach wanting snelwerage of 330 per show. The cost is paid fresh whow. The characos sring out of perge Aue costs $566.500 Road Requirement Compute revenue and variable costs for each show Select the formate and enter the amounts to compute sales revenue for each show Salon venue per - X Requirements 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Queen 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 $4,128,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning. 4. Prepare Queen Productions' contribution margin income statement for 140 shows performed in the year. Report only two categories of costs: variable and fixed. Print Done