Help me. Please tutor give the accurate step by step answer to this financial accounting problem Highland Theater applies different pricing for show times:1. Matinee (before 5pm): Base price2. Evening (5pm-9pm): Base price + 30%3. Late night (after 9pm): Base price + 15%If base price is $12 and today's shows had 85 matinee, 140evening, and 65 late night tickets, find total revenue.

Step 1: Revenue from Matinee shows Revenue from Matinee shows = Base price x Number of Matinee shows…

Answered: Highland Theater applies different…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Cost, Revenue, Profit You decide to begin selling ice cream cones at the local park and swap. Your cost for each ice cream cone is $1.33 plus you have to pay a fixed weekly fee of $240 for the booth. Your plan is to sell each ice cream cone for $2.75. 1. Write an expression to represent your total costs for the week if you sell n ice cream cones. Total Costs: 2. Write an expression to represent the revenue from the sale of n ice cream cones during the week. Revenue: 3. Write an expression that represents the profit for selling n ice cream cones in a given week. Profit: How many ice cream cones must you sell in order to make a positive profit? In order to make a positive profit, you would have to sell Select an answer ice cream cones. ↑
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Highland Theater applies different pricing for show times: 1. Matinee (before 5pm): Base price 2. Evening (5pm-9pm): Base price + 30% 3. Late night (after 9pm): Base price + 15% If base price is $12 and today's shows had 85 matinee, 140 evening, and 65 late night tickets, find total revenue.