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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

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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 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. guat Annual fixed coetin total $570,600. Fead the Requitement 1. Compule revenue and vanable costs for each show. Select the formila and enter the amounts to compute sales tewenue for each show. Requirement 2. Use the equation approach to compute the number of shows Green 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 Requirement 3. Use the contribution margin ratio approach to compute the number of shows noeded each year lo eam a profit of $4,500,000. (Found contribution ratio to two decimal places) is this profit gaal fealistic? Geve your ressoning antuer in to the rearest whole namber? The peolt aovi al $4,500,000 in Requirement 4. Prepare Green Productions' contribution margin income statement for 145 shows performed in the year Report only two categories of coste varable and fixed. Gretn Productions Contribution Margin Income Statement Year Ended December 31, 20XX

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