Question
23 dozen hot dog rolls (a) R15,00 per dozen 10 kg Chicken viennas - ( 24 per kg ) @a) \( \mathrm{R} 45,00 \) per kg 2 kg Soya hot dogs - ( 18 per kg) @ R30,00 per kg 1 kg Canola Margarine 4 litre Canola oil \( 20 \times 2 \) C Coca Cola soft drinks (a) R22,50 per 2 litre 4 kg Gas 20 packs paper caps ( 24 per pack) @ R 6,00 per pack 3 packs Serviettes ( 100 per pack) @ R 25,00 per pack 5 litre Mustro - tasty sauce R 345,00 R 450,00 R 60,00 R 60,00 R 80,00\# R 450,00 R 200,00 R 120,00 RA R 100,00 Total R. 940,00 *Prices include VAT of \( 15 \% \) \#Zero-rated items Cashier: Roshelle Govender Time: 15:45 26/06/2022 Till no. 008 Slip no. 4567 Use the information above to answer the questions the following questions. 1.1.1 Explain what a till slip is in the given context. 1.1.2 What does the acronym VAT stand for? 1.1.3 Calculate A the cost of 3 packs of serviettes 1.1.4 Calculate the cost of a single hot dog roll. 1.1.5 How many items on the till slip are zero rated?
Ask by Ortiz Gardner. in South Africa
Mar 11,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
**1.1.1**
A till slip is a receipt that shows what was bought, how much it costs, and other details like the time and who the cashier is.
**1.1.2**
VAT stands for Value Added Tax.
**1.1.3**
3 packs of serviettes cost \( R75.00 \).
**1.1.4**
A single hot dog roll costs \( R1.25 \).
**1.1.5**
There is 1 zero-rated item on the till slip, which is the Canola oil.
Solution
**1.1.1**
A till slip is the printed or electronic receipt generated by the cash register at the point of sale. It records details of the transaction such as the items purchased, their prices, the total cost, VAT information, the time, and the cashier’s identification.
**1.1.2**
VAT stands for Value Added Tax.
**1.1.3**
The cost of 3 packs of serviettes is calculated by multiplying the cost per pack by 3. Since each pack is priced at \( R25.00 \):
\[
3 \times R25.00 = R75.00
\]
**1.1.4**
There are 23 dozen hot dog rolls with the cost given at \( R15.00 \) per dozen. Since one dozen contains 12 rolls, the cost of a single roll is:
\[
\frac{R15.00}{12} = R1.25
\]
**1.1.5**
The receipt marks items that are zero rated with a \(\#\). In the information provided, only one item is marked with \(\#\), which is the line item for Canola oil (priced at \( R80.00 \)). Hence, there is one zero-rated item on the till slip.
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Simplify this solution Beyond the Answer
A till slip is like a mini receipt that serves as proof of purchase for the items acquired at a store. In this case, it's a record of all the delicious supplies Roshelle Govender bought at the grocery store, complete with prices and item details, so she knows exactly what her cash went toward—perfect for budgeting or future reference! VAT stands for Value Added Tax, a tax that's added at every stage of the product's lifecycle. In South Africa, the standard VAT rate is 15%, which means when you see a price tag, it's usually included in that amount. So those tasty hot dogs and crispy serviettes come with a little tax flair!
