A Theater Has a Seating Capacity of 450 and Charges

question 37

Multiple Choice

A theater has a seating capacity of 450 and charges $2 for children, $3 for students, and $5 for adults. At a certain screening with full attendance, there were half as many adults as children and students combined. The receipts totaled $1,550. How many children attended the show? ​

• A) 300 children
• B) 190 children
• C) 10 children
• D) 390 children
• E) 100 children

---

Definitions:

Work in Process Inventory

Items that are in the production process but have not yet been completed or turned into finished goods.

Actual Overhead

The real, incurred costs of running a business, excluding direct labor and direct materials, over a given period.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on an estimate of total costs and activity levels.

Manufacturing Overhead

All indirect costs associated with manufacturing, including indirect labor, indirect materials, and other overhead costs that cannot be directly traced to specific items produced.