Requirements: – Compute revenue and variable costs for each show. – Use the equa

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Requirements:
– Compute revenue and variable costs for each show.
– Use the equa

Requirements:
– 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 margin ratio approach to compute the number of shows needed each year to earn a profit of 5,687,500. Is this profit goal realistic? Give your reasoning.
– Prepare Green Production’s contribution margin income statement for 175 shows performed in 2016. Report only two categories of costs: variable and fixed.

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