Question: please make it to where it doesnt cut off and i can see it fully thank you Tower Productions performs London shows. The average show







Tower Productions performs London shows. The average show sells 1,000 tickets at $60 per ticket. There are 170 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 60, each earning a ne average of $320 per show. The cast is paid after each show. The other variable cost is a program-printing cost of 58 per guest Annual fixed costs total $459.200 Read the requirements Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show Sales revenue per show Requirements hows can be Ih show. The of hs London show ompanies. The per guest. Anne 1. Compute revenue and variable costs for each show. 2. Use the equation approach to compute the number of shows Tower 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 $4,264,000. (Round contribution ratio to two decimal places.) Is this profit goal realistic? Give your reasoning, 4. Prepare Tower Productions contribution margin income statement for 170 shows performed in the year. Report only two categories of costs: variable and fixed. revenue and va hter the amounts pack on Requirement 1. Compute revenue and variable costs for each show. Select the formula and enter the amounts to compute sales revenue for each show. = Sales revenue per show Select the formula and enter the amounts to compute variable costs for each show. Compute the variable costs per show for each cost separately, and then compute the total variable costs per show - Variable costs por how Cost of programs Cost of performers Total variable costs on Requirement 2. Use the equation approach to compute the number of shows Tower Productions must perform each year to break even First, select the formula to compute the required sales in units to break even. Target profit Rearrange the formula you determined above and compute the required number of shows to break on The number of shows needed annually to break even is Requirement 3. Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of 54 264,000. (Round contribution ratio to ho decimal places) is this profit goal realistic Give your reasoning Begin by showing the formula and then entering the amounts to calculate the required sales dollars to com a profit of 54.264,000. (Round the required sales in dollars to the nearest whole dollar. Round amounts in the formula to two decimal places, XX XX. Abbreviation wood CM = contribution margin) Required sales in dollars * 3 Now use the information given and the required sales in dollars computed in the previous step to determine the required number of shows needed each year to earn a profit of 54.254.000 (Round your answer up to the nearest whole number) Now use the information given and the required sales in dollars computed in the previous stop to determine the required number of shows needed each year to earn a profit of $4,264,000 (Round your answer up to the nearest whole number) The number of shows needed annually to earn a profit of 54,204.000 is this profi goal ist? Give your reasoning The proft goal of 54.254,000 since Tower Productions currently performs 170 shows a year Requirement 4. Preparo Tower Production contribution margin income statement for 170 shows performed in the year Report only two categories of costs: variable and fixed. Tower Productions edback on Tower Productions Contribution Margin Income Statement Year Ended December 31, 20XX Operatina Income (Loss)
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