The gross mark-up or gross profit pricing method assumes that ...

[kshipps]

The gross mark-up or gross profit pricing method assumes that every customer should pay a specific amount to cover nonfood costs and profit.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is correct regarding restaurant service charges?
 
  a. Service charges are typically shared by tipped employees with other employees.
  b. The maximum service charge allowed under FLSA is 5.12/hour.
  c. Employees may encourage employees to share service charges with hosts.
  d. Two states allow restaurants to pay less than 5.12/ hour service charge to employees.
  e. Services charges are treated as wages under federal law.

[AmberC1996]

Answer to Question 1

TRUE

Answer to Question 2

E

[kshipps]

Excellent

[miss.ashley]

TYSM