Business, 16.04.2020 23:34, castiaulii16
Kirkland Theater sells season tickets for six events at a price of $88. In pricing the tickets, the planners assigned the leadoff event a value of $29 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,140 season tickets were sold for the 2016 season. Required: a. Calculate the theater's earned revenue after the first three events have been presented. (Do not round intermediate calculations.) b. About 94% of the season ticket holders attended the first event. Subsequent events were attended by about 78% of the season ticket holders. Would the attendance data impact revenue recognition
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This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?
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Kirkland Theater sells season tickets for six events at a price of $88. In pricing the tickets, the...
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