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Required: Compute the expected revenues from the performances that have been tentatively scheduled. Prepare a variable-costing income statement for each ballet. Calculate the number of
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- Compute the expected revenues from the performances that have been tentatively scheduled. Prepare a variable-costing income statement for each ballet.
- Calculate the number of performances of each ballet required to produce the revenues needed to cover each ballets direct fixed cost.
- Calculate the number of performances of each ballet required for the company as a whole to break even. If you were the president and general manager, how would you alter the tentative schedule of performances?
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