Unformatted text preview: shows. 2. The cost formulas provide figures for the average cost per production and average cost per performance. How accurate do think these figures would be for predicting the cost of a new production or of an additional performance of a particular production? Since the variable expenses vary by performance, I think you could accurately predict the cost of additional productions and performances. A new production may have some unforeseen costs, causing it to not be as accurately predicted, but the theater should be able to very accurately predict the cost of additional performances of the shows they are already running....
View Full Document
- Spring '10
- Managerial Accounting, new production, $258.00, $5,350.00, $5,608.33, The Munchkin Theater