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3 Concert Hall sells season tickets for six events at a price of $109. In pricing the tickets, the planners assigned the leadoff event a
3 Concert Hall sells season tickets for six events at a price of $109. 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; 1,150 season tickets were sold for the 2013 season. 8 01:58:09 Required: a. Calculate the theater's earned revenue after the first three events have been presented. eBook Revenue earned b. About 91% of the season ticket holders attended the first event. Subsequent events were attended by about 79% of the season ticket holders. To what extent, if any, should the attendance data impact revenue recognition? O No Yes
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