Question Help Cty Productions performs London show. The average show sali o tickets at 565 per ticket. There are 140 shows year. No notional shows can be held as the theater is also used by other production companies. The average show has a cast of 5, ach earning a net average of 5380 per show. The cast is paid for each show. The other variable cost is a program printing cost of $9 per gest Annual fixed costs Bota 50,500 Read the moments Select the formule and enter the amount to compute les revenue for each show Sales reveu pet show 65 58.500 Select the forma 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 Varicost per show Cest of program Cast of performers Total variable costs Requirement 2 Use the equation approach to compute the number of shows City Productions must perform each year to break even First, select the formula to compute the required sales in units to break even Net sales revenue Variable costs Fixed costs Target profit Rearrange the formula you determined above and compute the required number of shows to break even The number of shows needed annual to break even is Choose from any list or enter any number in the input fields and then continue to the next question Question Hall City Productions performs London shows. The average show els 900 tickets at $65 per ticket. There are 140 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 55. each earning an average of $330 per show. The cast is paid after each show. The other variable cost is a program-printing cost of 9 per guest. Annual fedem Total $580,500 Read the rarements Rearrange the formula you determined above and compute the required number of shows to break even The number of shows needed to break even is 16 Requirements. Use the contribution margin ratio approach to compute the number of shows needed each year to earn a pront of 84.120.000. Is this profit goal realistic Give your reasoning Begin by showing the formula and then entering the amounts to calculate the required to an aprofit of 34,120.000. Round the required sales in dos to the newest whole da Round amount formula to two decimal XX.XX. Albreviation used. OM contribution margin.) Feed costs Target profit CM per un - Required sales in dollars 72 000 6687900 1 32500 Now use the information given and the required sales in dolore computed in the previous stop to determine the requred number of shows needed each year to eam a pront of 54.128,000. (Round your awwer us to the nearest whole number The number of shows needed annually to com a profit of 54.128.000 Is this profit goal realit? Give your reasoning The proof $4,120.000 tince Cty Productions currently performs 140 shows a year Rautrement & Prahy Prehin mamininama statement for 140 sharma in 2018 Rent a carins of what Choose from a list of enter any number in the routes and then continue to the next question City Productions performa London shows. The average show sells 900 tickets at $65 per ticket. There are 140 show per year. No additional shows can be held on the companies. The average show has a cast of 65, each earning a net average of $330 per show. The cat is paid after each show. The other variable cost is a program-pri total $580,500 Read the requirements. the nearest whole number.) The number of shows needed annually to eam a profit of S4,128,000 is DATE Is this profit goal realistic? Give your reasoning The profit goal of $4,128,000 is since City Productions currently performs 140 shows a year. Requirement 4. Preparo City Productions's contribution margin income statement for 140 shows performed in 2018. Report only two categories of costs: variabile and City Productions Contribution Margin Income Statement Year Ended December 31, 2018 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Loss)
