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Business, 03.03.2020 00:57 owlette2001
Celeb Productions performs London shows. The average show sells 900 tickets at $ 65 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 55​, each earning a net average of $ 330 per show. The cast is paid after each show. The other variable cost is a​ program-printing cost of $ 9 per guest. Annual fixed costs total $ 580,500.
1. Compute revenue and variable costs for each show.2. Use the equation approach to compute the number of shows Celeb Productions must perform each year to break even.
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Celeb Productions performs London shows. The average show sells 900 tickets at $ 65 per ticket. Ther...
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