Business Math Lesson Plans

 

Strategies

Cooperative learning

Discovery learning

Engaged learning

Guided Writing

Guided Reading

 

May 12 – 16

Tuesday

Review

Thursday

Final Test

 

 

 

May 5 – 9

Monday

Complete review w/s sections 4-8

Chapter 17 test

Wednesday

Chapter 18 Sections 1-3

Friday

Chapter 18 Sections 4-6

 

Tuesday May 13 Review

Thursday Final test May 15th

 

April 28 – May 2

Tuesday

Review Chapter 7 sections 1-3

Section 4

1.  Use a graph to compute projected sales.

Use Excel to create an XY (scatter graph) and project sales.

Assign problems 8 and 9

Thursday

Sections 5 – 7

  1. Use the factor method to compute projected sales.
  2. Calculate the cost of advertising in a newspaper.
  3. Calculate the selling price that will result in the highest possible net profit.

Assign problems section 5-7

 

April 21 – 25

Monday

Review

Chapter 16 test

Wednesday

Review test

Friday

Chapter 17 Marketing

  1. Compute the rate of a particular response in an opinion survey.
  2. Figure out the annual sales potential
  3. Calculate the market share of a new product.

Assign section problems

 

April 14 – 18

Tuesday

  1. Solve for the markup rate base on cost.
  2. Compute the selling price based on cost and markup rate.
  3. Calculate the markdown in dollars and as a percent of the regular selling price.

Thursday

Chapter 16 w/s packet

 

Chapter 16 Sales

April 8 – 11

Wednesday

  1. Compute the markup in dollars.
  2. Calculate the markup as a percent of the selling price.
  3. Figure out the net profit in dollars.

Friday

  1. Find the net profit as a percent of the selling price.
  2. Calculate the selling price of an item based on cost and markup rate.

Excel Spreadsheet problem 14 section 16-5

 

 

Mar. 31 – April 4

Monday

Complete Chapter 15 review w/s

Review Chapter 15

Wednesday

Review Chapter 15

Chapter 15 test

Friday

Introduction/practice Chapter 16 Sales

Objectives:

  1. Compute the markup in dollars.
  2. Calculate the markup as a percent of the selling price.
  3. Figure out the net profit in dollars.
  4. Find the net profit as a percent of the selling price.
  5. Calculate the selling price of an item based on cost and markup rate.
  6. Solve for the markup rate base on cost.
  7. Compute the selling price based on cost and markup rate.
  8. Calculate the markdown in dollars and as a percent of the regular selling price.

Assign practice sections 1 - 3

 

Mar. 25 – 28

Tuesday

Chapter 15

  1. Determine the final net price after a chain of discounts.
  2. Compute the final net price using the complement method.

Assign problems 4-12 pages 496-497, 6-12 page 500

Thursday

  1. Compute the cash price when the discount is based on ordinary dating.
  2. Calculate the cash price when the discount is based on end-of-month dating.

Assign problems 6-12 page 504, 4-10 page 507

 

Mar. 17 – 20

Monday

Review chapter 14

Chapter 14 test

Wednesday

Chapter 15 Purchasing

Objectives:

  1. Compute the trade discount and the net price.
  2. Calculate the net price using the complement method.
  3. Figure out the trade-discount rate.

Assign problems 4-12 page 487, 4-14 page 490, 4-12 page 493

 

 

 

Mar. 10 – 13

Monday

Chapter 14 Production

Objectives:

  1. Compute the prime cost of manufacturing an item.
  2. Calculate the break-even point in the number of manufactured units.

Demonstrate/Discuss/Practice Section 1 and 2

Assign problems 4-12 pages 459-460, 4-12 page 462, w/s Sections 1 and 2

Wednesday

Objectives:

  1. Compute the percent of defective goods and determine if the process is in or out of control.
  2. Use time-study results to compute how many units can be produced.
  3. Use time-study results to compute the percent of time spent on each task.
  4. Gain an understanding of vocabulary associated with production.

Demonstrate/Discuss/Practice Section 3 and 24

Assign problems 4-12 page 464, 4-8 pages 467-468, 6-12 pages 470-471 and w/s Sections 3, 4 and 5

 

 

 

 

Mar. 3 – 6

End of  third quarter March 6

Monday

Demonstrate and practice sections 7

Assign problems 4-14 page 444-445 and w/s section 7

Chapter 13 Review pages 447 – 452 1 – 8, 9 – 45 Even

Wednesday

Chapter 13 and Cumulative test

 

Feb. 25 – 29

Chapter 13 Personnel

Objectives:

  1. Calculate the cost of recruiting new employees.
  2. Compute the new salary after merit increase and cost-of-living adjustments.
  3. Work out the rate of employee benefits based on annual gross pay.
  4. Figure out disability benefits under independent retirement systems and under Social Security.
  5. Compute the employer cost for workers compensation and unemployment insurance.
  6. Calculate total business travel expenses.
  7. Compute total employee training costs.

Tuesday

Review sections 1-3

Demonstrate and practice sections 4-5

Assign problems 4-12 page 435, 4-12 page 438-439

Thursday

Demonstrate and practice sections 6

Assign problems 4-12 page 441-442

 

March 13 Review

March 5 Chapter 13 and Cumulative Test

 

Feb. 19 – 22

Wednesday

Make up work

Friday

Demonstrate and practice sections 1-3

Assign problems 4-10 page 426, 4-10 page 429, 4-8 pages 431-432

 

Feb. 11 – 15

Monday

Lecture/Discuss/Practice Sections 4 - 6

Assign: Even Problems 3-14 pages 404-405, 3-14 pages 407-408, 5-13 pages 410-411

Wednesday

Chapter 12 w/s packet

Friday

Chapter 12 test

 

 

 

 

Feb. 4 – 7

Monday

Chapter 12 Investments

Objectives:

Use tables to compute interest on certificates of deposit.

Determine the effective annual yield.

Solve for the total cost of a stock investment.

Compute the annual yield and annual dividend of a stock.

Calculate the profit of loss from a stock sale.

Compute the annual interest and annual yield of a bond investment.

Lecture/Discuss/Practice Sections 1 – 3

Assign: Even Problems 5-11 page 396, 5-13 page 399, 3-13 pages 401-402

Wednesday

Complete assignments

 

Chapter 11 Insurance

Objectives:

Compute health insurance premiums

Calculate the amount the patient pays for health care

Utilize tables to compute the annual premium for term life insurance

Apply tables to data to compute the annual premiums for three types of life insurance

 

Jan. 28 – Feb. 1

Tuesday

Chapter 11 w/s packet

Review

Thursday

Review

Chapter 11 test

 

Jan. 22 – 25

Wednesday

Correct worksheet and finish test

Friday

  1. Section 11-1 health Insurance Premiums problems 4-12 pages 373-374
  2. Section 11-2 Health Insurance Benefits problems 2-8 page 377
  3. Section 11-3 Term Life Insurance problems 5-12 page 380
  4. Section 11-4 Other Types of Insurance problems 6-12 page 383

 

 

 

Jan. 14 – 18

Monday

Chapter 10 Study Guide and Review Questions

Wednesday

Review

Friday

Review

Chapter 10 test

 

Jan. 7 – 11

Tuesday

  1. Complete sections 1-4
  2. Section 10-5 Real Estate Taxes problems 4-10 page 356
  3. Section 10-6 Homeowners Insurance problems 4-8 page 358

Thursday

  1. Vocabulary Quiz chapter 10
  2. Section 10-7 Homeowners Premium problems 4-6 page 360
  1. Section 10-8 Other Housing Costs problems 2-12 pages 362-363

Assign:  Study guide worksheet

 

 

Jan. 3 – 4

Friday

Chapter 10 Housing Costs

Objectives:

Compute the mortgage loan amount

Determine the monthly payment, total amount paid, and total interest charged

Figure out the total closing costs

Compute the allocation of monthly payment toward principal, interest, and the new principal

Calculate the assessed value and real estate taxes

Work out the amount of coverage

Calculate the annual homeowners insurance premium

Compute the total housing cost and compare it with suggested guidelines

 

  1. Chapter preview
  2. Lecture/Discuss/Practice
  3. Section 10-1 Mortgage Loans problems 4-10 page 345
  4. Section 10-2 Monthly Payment and Total Interest problems 2-12 pages 347-348
  5. Section 10-3 Closing Costs problems 2-8 page 350
  6. Section 10-4 The Monthly Payment problems 4 16 page 353-354

Assign:  Study guide worksheet

 

 

 

 

Semester test December 18 – Chapters 1 – 9

 

Week 18

Dec. 10 – 20

Tuesday

Semester review

Thursday

Semester test

 

Week 17

Dec. 10 – 14

Monday

Chapter 9 Vehicle Transportation

Objectives:

  1. Compute the sticker price of a new vehicle
  2. Calculate the dealer’s cost of a new vehicle
  3. Figure out the average retail price of a used vehicle
  4. Use tables to compute the annual premium for vehicle insurance
  5. Compute the total cost per mile of operating and maintaining a vehicle
  6. Calculate the total cost of leasing a vehicle
  7. Figure out the cost per mile of renting a vehicle

Lecture/Demonstrate/Practice Sections 1 – 4

Assign Section problems page 316, 319, 322, 326

Wednesday

Review sections 1-4

Lecture/Demonstrate/Practice Sections 5-6

Assign Section problems page 329, 332, 335

Friday

Review sections 4-6

Chapter 9 w/s

 

Week 16

Dec. 3 – 7

Tuesday

Chapter 8 w/s sections 4-6

Review Chapter 8

Thursday

Review Chapter 8

Chapter 8 test

 

Week 15

Nov. 26 – 30

Monday

Chapter 8 Loans

Objectives:

  1. Compute the maturity value and interest rate of a single-payment loan
  2. Calculate the amount financed on an installment loan.
  3. Figure out the monthly payment, total amount repaid, and finance charge on an installment loan.
  4. Work out the payment to interest, payment to principal, and the new balance
  5. Compute the final payment when paying off a simple interest installment loan
  6. use a table to find the annual percentage rate of a loan

Lecture/Practice Sections 1-3

Assign section problems

Wednesday

Lecture/Practice Sections 4-6

Assign section problems

Friday

Chapter 8 worksheet packet

 

 

Week 14

Nov. 19 – 21

Tuesday

Make up work day

 

Week 13

Nov. 12 – 16

Monday

  1. Review sections 1, 2, 3
  2. Lecture/practice sections 4
  3. Assign problems 12-16 page 271 even problems
  4. Chapter 7 worksheet

Wednesday

Review

Quiz

Assignment Study Guide and Assessment pages 273-279

Friday

Chapter 7 Test

 

Week 12

Nov. 5 – 8

Monday

  1. Preview Chapter 7 Charge Accounts and Credit Cards

Objectives:

1.       Calculate the new balance on a charge account

2.       Find the finance charge by using the unpaid-balance method

3.       Calculate the finance charge based on the average daily balance method where no new purchases are included

4.       Compute the finance charge based on the average-daily balance method where new purchases are included

  1. Lecture/practice sections 1 and 2
  2. Assign problems 6-14 page 260, 6-18 page 263 even problems

Wednesday

  1. Lecture/practice sections 3 and 4
  2. Assign problems 8-10 page 266-267, 12-16, 17 page 271 even problems

 

Week 13

Nov. 12 – 16

Monday

 

Wednesday

 

Friday

 

Week 11

Oct. 29 Nov. 2

Tuesday

  1. Review w/s Chapter 6
  2. Cumulative Test Prep page 254-255

Thursday

1.       Chapter 6 Exam and Cumulative Exam chapter 1-6

2.       Calculate total purchase price Excel spreadsheet –

Edit, format, write formulas, fill down, print formulas and sheet, save.

Week 10

Oct. 22 – 25

Tuesday

Assignment page 233 4-12, pages 235 – 236 4-14, page 238 4-14, page 240 4-12

Thursday

  1. Lecture/Discuss/Demonstrate sections 6.5, 6.6, 6.7
  2. Assignment page 242 6-16, pages 224-245 6-22, page 247 6-14
  3. Chapter 6 w/s packet

Chapter 6 Cash Purchases

Objectives:

1.       Compute the sales tax

2.       Calculate the total purchase price

3.       Figure out the unit price

4.       Find the better buy based on unit price

5.       Work out the final price after using a coupon or rebate

6.       Solve for the dollar amount of the markdown

7.       Compute the sale price when the markdown rate is known

Week 9

Oct. 15 – 19

Monday

  1. Spreadsheet Applications – Compound Interest, objective; reinforce understanding of calculating compound interest and

improve spreadsheet skills.

Wednesday

  1. Chapter 5 w/s – Calculating simple interest, compound interest, reading compound interest tables, computing the interest for daily compounding, computing the Future Value of Annuities.

Friday

  1. Complete w/s
  2. Preview Chapter 6 Cash Purchases

Objectives:

8.       Compute the sales tax

9.       Calculate the total purchase price

10.   Figure out the unit price

11.   Find the better buy based on unit price

12.   Work out the final price after using a coupon or rebate

13.   Solve for the dollar amount of the markdown

14.   Compute the sale price when the markdown rate is known

  1. Lecture/Discuss/Demonstrate sections 6.1, 6.2, 6.3, 6.4
  2. Assignment page 233 3-12, pages 235 – 236 3-15, page 238 3-14, page 240 3-12

Week 8

Oct. 1 – 4

Monday

Lecture/Discuss/Practice sections 7 and 8

Assign page 216 4-13, 219 5-15

Chapter 5 w/s

Wednesday

Chapter 5 w/s

Week 7

Oct. 9 – 12

Tuesday

Review Chapter 5

Review w/s

Thursday

Chapter 5 Exam

Week 6

Sept. 24 – 28

Tuesday

Preview Chapter 5 Savings Accounts

Objectives;

  1. Complete a savings account deposit slip, and compute the total deposit.
  2. Fill out a savings account withdrawal skip.
  3. Compute a new balance on a savings account statement.
  4. Calculate simple interest.
  5. Figure out the compound interest and the amount.
  6. Find compound interest using tables.
  7. Find interest for daily compounding.
  8. Compute the future value of an ordinary annuity and an annuity due.

Lecture/Discuss/Practice sections 1 – 5

Assign – page 198-199 4-17, 201 6-19, 203-204 4-11, 207 5-14, 209-210 3-14

Thursday

Complete Section 4-5

Lecture/Discuss/Practice sections 6

Assign – page 213 4-14

Week 5

Sept. 17 - 21

Monday

Lecture/Demonstrate/Practice Chapter 4 Checking Accounts

Chapter 4 w/s

Wednesday

Chapters 3 and 4 Review

Friday

Chapter 3 and 4 Exam

Spreadsheet application

Week 4

September 10 - 14

Monday

Complete Chapter 3 w/s

Wednesday

Lecture/Demonstrate/Practice Chapter 4 Checking Accounts

a.      5-16 page 168

b.      5-24 pages 170-171

c.       5-12 pages 173-174

d.      5-9 page 177

e.      4-8 pages 180-181

f.        4-7 pages 185-187

Chapter 4 objectives

  1. Compute the total checking account deposit.
  2. Write a check.
  3. Figure out the balance in a check register.
  4. Calculate the present balance on checking account bank statement.
  5. Reconcile a check register with a bank account statement.
  6. Computer online banking charges and update the check register.

Week 3

Sept. 4 – 7

Chapter 3 objectives

  1. Compute the average monthly expenditure.
  2. Use records of past expenditures to prepare a monthly budget sheet.
  3. Compare amount budgeted to actual expenditures.

Tuesday

  1. Review Chapter 3 problems

 

Thursday

1.       Chapter 3 worksheet

2.       Spreadsheet application

Week 2

Aug. 27 - 31

Tuesday

Review Chapter 1 – problems 1-12, 13-56 odd

Chapter 2 Net Income

Objectives:

1.       Read tables to find the amount withheld fro federal income tax.

2.       Compute the state taxes on a straight percent basis.

3.       Determine the state taxes on a graduated income basis.

4.       Work out the amount of income withheld for Social Security and Medicare taxes.

5.       Calculate the deduction for group insurance

6.       Figure out net pay per pay period.

2.       Demonstrate/Lecture/Practice Chapter 2

3.       Assignment

a.      page 117  8-15

b.      120-121  5-15

c.       123  2-5

d.      125  3-12

e.      127  5-8

f.        130-131 3-7

Thursday

2.       Review assignment

3.       Chapter 2 review pages 133-138 1-36

4.       Chapter 1 and 2 exam

 

Week 1

Aug. 20 – Aug. 24

Monday

  1. Introduction
  2. Syllabus – Class description, expectations, computer use, reading and writing assignments, grading,  text book layout, daily routine, homework,  journals,
  3. Preview Textbook
  4. Unit 1 – Introduction to Accounting

Wednesday

  1. Personal Finance

Objectives;

    1. Calculate straight-time pay
    2. Figure out straight-time, overtime, and total pay
    3. Calculate the total hours on a weekly time card
    4. Compute the total pay on a piecework basis
    5. Determine the salary per pay period
    6. Calculate the straight commission and determine the gross pay
    7. Compute the total graduated commission
  1. Demonstrate/Lecture Chapter 1Gross Income sections 1-7
  2. Assignment 9-17 page 93, 3-12 page 95, 3-8 page 97-98,  3-10 page 100

Friday

1.       Assign 5-12 page 102, 1-22 pages 104-105, 1-9 page 107

2.       Chapter 1 Review pages 109-113 1-56

3.       Video “What’s Next?  Jobs, Money & Responsibility