Calculate the Additional Tip for Each Server Using Logic and Multiplication

question 56

Short Answer

Calculate the additional tip for each server using logic and multiplication to solve the problems. Round answers to the nearest cent. Rhonda sells 12 additional $5.40 appetizers each shift. If the gratuity is 35%, what is her additional income? $_______________

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Definitions:

Budgeted Production

represents the amount of production planned for a future period as part of the budgeting process.

Standard Cost System

An accounting system that uses standard costs for cost control and decision making.

Materials Price Variance

The difference between the actual cost of materials and the expected cost at standard prices.

Direct Materials

The raw materials that are directly traceable to the production of a specific good or service.