Samuel Industries has five employees. Each employee earns two vacation days a month. Samuel pays its employees a weekly salary of $$2,500$ for a five$-$day workweek

Requirements

Determine the amount of vacation expense for one month.

Journalize the entry to accrue the vacation expense for the month.

Requirement $1.$ Determine the amount of vacation expense for one month.

Select the correct formula and calculate Samuel Industries' vacation expense for one month. $($Abbreviations used: Ees $=$ Employees; Mo$.=$ Month; Wk$.=$ Workweek.$)$

Monthly vacation expense formula

Montly vacation expense amount