A Total of 920 Tickets Were Sold for a Game

question 80

Multiple Choice

A total of 920 tickets were sold for a game for a total of $3,880. If adult tickets sold for $5.00 and children's tickets sold for $4.00, how many of each kind of ticket were sold?

• A) 400 adult and 520 children's tickets
• B) 300 adult and 620 children's tickets
• C) 250 adult and 670 children's tickets
• D) 200 adult and 720 children's tickets
• E) 210 adult and 710 children's tickets

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Definitions:

Operating Contribution

The portion of revenue that remains after variable expenses are subtracted, indicating how much contributes to covering fixed costs and generating profit.

Restricted Contribution

Funds given to an organization with specific conditions attached regarding their use.

Donation Revenue

Income received from giving without the expectation of receiving something in return, typically for non-profit organizations.

Restricted Fund Method

An accounting strategy used for tracking and reporting separately on resources that are restricted by donors for specific purposes.