Lesson One: What's On Sale?
Lesson Length: Approximately 2 days
Learning Objectives
- The student will calculate sale prices based on 10%, 25%, 50%, and 75% price reductions.
- The student will demonstrate proficiency using a calculator to calculate new sale prices.
- The student will recognize that percentages can also be stated as decimals and fractions.
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Lesson Two: Charting and Graphing Sales
Lesson Length: Approximately 2 days
Learning Objectives
- The student will analyze and represent weekly sales figures using tables, bar graphs, and pie charts.
- The student will draw conclusions using bar graphs and pie charts.
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Lesson Three: Measuring Angles
Lesson Length: Approximately 2 days
Learning Objectives
- The student will analyze and measure angles using a protractor.
- The student will identify angles as right angles, acute angles, and obtuse angles.
- The student will build and draw right, actue and obtuse angles.
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Lesson Four: Estimating School Store Purchases
Lesson Length: Approximately 2 days
Learning Objectives
- The student will identify appropriate uses for estimation.
- The student will round purchase prices to estimate total purchases in a school store setting.
- The student will practice estimating by using rounding and mental computations to arrive at estimates.
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Lesson Five: Paying with Coins
Lesson Length: Approximately 2 days
Learning Objectives
- The student will identify various ways to represent the same dollar amount using coins.
- The student will pay for items using coins of various denominations and in multiple combinations to arrive at the same total amount.
- The student will propose purchase options given an alloted amount of money (budget) to make those purchases.
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Lesson Six: Analyzing Price and Sales Data
Lesson Length: Approximately 1 day
Learning Objectives
- The student will complete product analyses by calculating the mean, median, mode, and range for a given set of item retail prices.
- The student will complete sales analyses by calculating mean, median, and range using daily sales data.
- The student will understand how statistics are used to collect, organize, and interpret data.
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Lesson Seven: Calculating Sales Tax
Lesson Length: Approximately 2 days
Learning Objectives
- The student will understand and explain the role of state sales taxes.
- The student will create a sales tax chart by calculating the sales tax amount and tax inclusive retail price for 20 school store items.
- The student will calculate subtotals, sales tax amounts, and total purchase amounts for multi-item sales receipts.
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Lesson Eight: Making Change
Lesson Length: Approximately 2 days
Learning Objectives
- The student will understand the roles of the cashier and customer when making and receiving change.
- The student will calculate change based on single item purchases paid with a $1.00 and $5.00 bill.
- Assuming the role of a cashier, the student will calculate total purchase amounts for multi-item sales receipts and the amount of change to give to a customer based on cash paid.
- The student will compute change, given various item prices and cash paid, in a game of bingo.
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Lesson Nine: Tracking Inventory
Lesson Length: Approximately 2 days
Learning Objectives
- The student will understand and explain inventory and the importance of inventory tracking.
- The student will calculate ending inventory for school store items using beginning inventory, sales, and order information.
- The student will determine which items need to be re-ordered based on the store’s inventory goals and policy.
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Lesson Ten: Profit and Loss
Lesson Length: Approximately 2 days
Learning Objectives
- The student will understand profit and loss, components of a simple profit and loss statement, and the importance of a profit and loss statement.
- The student will calculate profits using gross income, total expenses, and cost of goods sold.
- The student will analyze monthly profit and loss statements for a school store and calculate profit margin percentages.
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