A Traveling Production Of Grease Performs Each Year The Average Show Sells 1 000 Tic 2240580

A traveling production of Grease performs each year. The average show sells 1,000 tickets at $80 per ticket. There are 150 shows a year. The show has a cast of 50, each earning an average of $400 per show. The cast is paid only after each show. The other variable expense is program-printing expenses of $7 per guest. Annual fixed expenses total $950,000. The tax rate for the company is 40 percent.

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?


a) Compute the earnings after tax for 150 shows.

b) Compute the number of shows needed annually to break even.

c) Compute the number of shows needed annually to earn a net income of $6,000,000.