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Submitted by abas on Wed, 2013-08-21 00:28
due on Wed, 2013-08-21 00:29
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Complete problems P16A-17B (p. 898), P16A-19B (p. 899), P18-24A (p. 979), P18-26A (p. 980) in your textbook.

Complete problems P16A-17B (p. 898), P16A-19B (p. 899), P18-24A (p. 979), P18-26A (p. 980) in your textbook.

Answer
Submitted by moneybackguar... on Wed, 2013-08-21 03:39
teacher rated 4 times
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Solution P16A-17B (p. 898), P16A-19B (p. 899), P18-24A (p. 979), P18-26A (p. 980)

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xxxxxxx

xxxxxxxxxxxxxxxxxxxx
xxxxxxx British xxxxxxxxxxx
1)xxxxxxx tickets sold per xxxx xxxxx
x Price xxx xxxxxx$50
Total revenue per xxxx$ xxxxxx
Direc xxxxx xxxx per show xxx x $300)x xxxxxx
xxxxx xxxxxxxx xxxx (1,200 x $7)8,400
xxxxx xxxxxxxx cost per xxxx x 29,400
2) xxx X x number of shows to xxxxxxxxxx
NI x xxxxx x xxxxx x xx
xx x xxxxxxxxxx x $29,400(X) - xxxxxxxx
$0 = $60,000(X) x xxxxxxxxxx x xxxxxxxx
-$30,600X x -$459,000
X = xxxxxxxxx / -$30,600
X = xx
xx xxxxxxxx xxx xx xxxxx xFixed xxxx x xxxxxxx xxxxxx
Contribution margin xxx xxxx
Required no. of shows xxxxxxxxx x xxxxxxxxxx
xxxxxxx x $29,400
Required no. of shows xxxxxxxxxxx
xxxxxxx
Required no. xx xxxxx =140
xxxx xx xxx achievable because they can only xxxx 120 shows per year.
4) xxxxxxx Productions
Income Statement
xxx xxx year 2011
Ticke xxxxxxx xxxx x xxxxxxxx $ xxxxxxxxx
xxxxx Variable

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