Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show. xx=Salesrevenuepershow= lutal valiave custs 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. Rearrange the formula you determined above and compute the required number of shows to break even. The number of shows needed annually to break even is contribution margin.) average of $240 per show. The cast is paid after each show. The other variable cost is a program-printing cost of $10 per guest. Annual fixed costs total $334,950. Read the requirements. First, select the formula to compute the required sales in units to break even. Rearrange the formula you determined above and compute the required number of shows to break even. The number of shows needed annually to break even is contribution margin.) The number of shows needed annually to earn a profit of $4,350,000 is Is this profit goal realistic? Give your reasoning. Requirements The profit goal of $4,350,000 is since City Productions currently performs 180 shows a year. Requirement 4. Prepare City Productions' contribution margin income statement for 180 shows performed in the year. Report only two categories of costs: variable and fixed. 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows City 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 $4,350,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning. 4. Prepare City Productions' contribution margin income statement for 180 shows performed in the year. Report only two categories of costs: variable and fixed