Green Productions performs London shows. The average show se.
Green Productions performs London shows. The average show sells 1,300tickets at $60 per ticket. There are 175 shows per year. No additionalshows can be held as the theater is also used by other productioncompanies. The average show has a cast of 65, each earning a net averageof $340 per show. The cast is paid after each show. The other variablecost is program-printing cost of $8 per guest. Annual fixed costs total$728,000.Compute revenue and variable costs for each show.Use the equation approach to compute the number of shows Green Productions must perform each year to break even.Use the contribution marginratio approach to compute the number of shows needed each year to earn aprofit of 5,687,500. Is this profit goal realistic? Give yourreasoning.Prepare Green Production scontribution margin income statement for 175 shows performed in 2016.Report only two categories of costs: variable and fixed.
Green Productions performs London shows. The average show se
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