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Spain Productions performs Madrid shows. The average show sells 1 comma 2 0 0 1 , 2 0 0 tickets at $ 8 5 $

SpainProductions
performs Madrid shows. The average show sells
1 comma 2001,200
tickets at
$ 85$85
per ticket. There are
100100
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
4040,
each earning a net average of
$ 475$475
per show. The cast is paid after each show. The other variable cost is aprogram-printing cost of
$ 6$6
per guest. Annual fixed costs total
$ 682 comma 200$682,200. Compute revenue and variable costs for each show.
Select the formula and enter the amounts to compute sales revenue for each show. Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of
$ 6 comma 000 comma 000$6,000,000.
(Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning.

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