At the conclusion of her first month of operating Val's Donut Shop, Val computed the following revenue and expense figures: weekrevenueexpensesprofit144,72538,090 257,38026,123 363,09043,957 467,255.5074,310 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

Weekly Profit = Weekly Sales - Weekly Expenses Again, Monthly Sales = Sum of all weekly Sales(week…

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

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

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8EA: Using the information in the previous exercises about Marleys Manufacturing, determine the operating...

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Question

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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