Step 1 :Let's denote the number of $27 tickets as x and the number of $40 tickets as y.
Step 2 :We know that the total number of tickets is 5000, so we can write the equation as \(x + y = 5000\).
Step 3 :We also know that the total revenue is $150,600, so we can write another equation as \(27x + 40y = 150600\).
Step 4 :We can solve this system of equations to find the values of x and y.
Step 5 :The solution to the system of equations is x = 3800 and y = 1200.
Step 6 :This means that 3800 tickets should be sold at $27 and 1200 tickets should be sold at $40 to generate a total revenue of $150,600.
Step 7 :Final Answer: \(\boxed{3800 \text{ tickets at } \$27 \text{ and } 1200 \text{ tickets at } \$40}\).