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You are investing in a new Broadway play, Insect in the Light. You are given the following information about the play: The fixed cost of
You are investing in a new Broadway play, Insect in the Light. You are given the following
information about the play:
The fixed cost of opening the play is $ million.The average ticket price is $
The theater seats people and there are performances per year.
The cost per performance is $
Use a data table to determine how total profit generated by the play changes as the length of
the play run varies between one and five years, and average occupancy rates vary between
percent and percent. A write the syntax used to calculate i total revenueTR ii total variable cost iiitotal profitP use the column name ABC and row name as shown in the report while writing the syntax.
B according to the report what is the recommended Occupancy rateOR and the length of the game runY and the amountofprofit
C briefly narrate how was the two way sensitivity report developedusingMSExcel
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