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Requirements 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Green Productions must perform
Requirements 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Green 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 $4,500,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning. 4. Prepare Green Productions' contribution margin income statement for 145 shows performed in the year. Report only two categories of costs: variable and fixed. guest Annual ficod coests fotal $570.000. Read the Requirement 1, Compute revenue and varatilo consts for oach whow. Seloct the formula and enter the amounts to corrpute siles rovenve for each show
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