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1. Bobby's Restaurant employs six waitstaff. The details of their gross receipts, hours worked, and tips reported are offered below. The restaurant also had two
1. Bobby's Restaurant employs six waitstaff. The details of their gross receipts, hours worked, and tips reported are offered below. The restaurant also had two buspersons with whom the waitstaff will share their tips. The owner, Mrs. Brown, knows the employees did not report the required 8 percent of gross receipts. Using both the gross receipts and hours worked method, please help her identify what amount of tip should be allocated to each employee, if any. Answer (b) to (k) and show your work. *Use parentheses only for negative number. Gross Receipts Method Step 1 - Determine the amount of shortfall to be allocated Total tips according to 8% rule ($240,5208%) Total actual tips reported Shortfall to be allocated $ (d) $17.850.00 Step 2 - Determine individual shortfall amounts Step 3 - Allocate the shortfall
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