Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the Revenue per show given the following..... Under The Big Tent is a traveling circus act that tours the Southeastern states They perform

image text in transcribed
What is the Revenue per show given the following..... "Under The Big Tent" is a traveling circus act that tours the Southeastern states They perform 50 shows per season and sell an average of 600 tickets per show. Tickets cost $25 each. No additional shows can be held because of the amount of time it takes to drive between cities and set up/take down everything. On average, each show has 48 performers and each performer earns $175 per show. Performers are paid after each show. The other variable cost is a booklet-printing cost of $3 per attendee. The company has fixed annual costs that total $196,800. Select one: O a $15,000 O b. $1,250 OC. $10,200 O d. $8,400 e. $750,000 What are the total variable Costs given the following..... "Under The Big Tent" is a traveling circus act that tours the Southeastern states. They perform 50 shows per season and sell an average of 600 tickets per show. Tickets cost $25 each. No additional shows can be held because of the amount of time it takes to drive between cities and set up/take down everything. On average, each show has 48 performers and each performer earns $175 per show. Performers are paid after each show. The other variable cost is a booklet-printing cost of $3 per attendee. The company has fixed annual costs that total $196,800. Select one: a. $10,200 O b. $8,400 c. $1,800 d. $25,200 e. $15,000 Finich attemnt

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Financial Instruments

Authors: Cormac Butler

1st Edition

0470699809, 978-0470699805

More Books

Students also viewed these Accounting questions

Question

Evaluate the integral. a. b. c. 0 (x - 2x) dx

Answered: 1 week ago

Question

2. Are they aware of the assumptions they are making?

Answered: 1 week ago