At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures:   week revenue expenses profit 1 44,725 38,090   2 57,380 26,123   3 63,090 43,957   4 67,255.50 74,310   month       to receive 60,000 profit for the month       month

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 21PA
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At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures:

 

week revenue expenses profit
1 44,725 38,090  
2 57,380 26,123  
3 63,090 43,957  
4 67,255.50 74,310  
month      
to receive 60,000 profit for the month      
month      

Prepare both weekly and monthly profit formulas so that Val has a good idea about her current profit situation. Also, given her sales for the month, tell her how much her ideal expense should have been to realize her desired profit of ₱60,000.00

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