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1. Compute revenue and variable expenses for each show. 2. Use the income statement equation approach to compute the number of shows needed annually to break even. 3. Use the shortcut unit contribution margin approach to compute the number of shows needed annually to earn a profit of $9,064,000 Is this goal realistic? Give your reason. 4. Prepare Beauty and the Beast's contribution margin income statement for 110 shows each year. Report only two categories of expenses: variable and fixed. A traveling production of Beauty and the Beast performs each year. The average show se is program printing costs of $6 per guest. Annual fixed expenses total $2,801,600. Read the Requirement 1. Compute revenue and variable expenses for each show. The revenue for each show is e average show sells 1,600 tickets at $65 a ticket. There are 110 shows each year. The show has a cast of 40 , each earning an average of $300 per shov $2,801,600. h average of $300 per show. The cast is paid only after each show. The other variable expense