Math-In-Cte Lesson Plan Template Page 2
ADVERTISEMENT
1
2
33. Work through the math example embedded in the CTE lesson.
Example: Matthew buys M & M’s at Costco for $19.20 for a box of 48.
$19.20/48 = $.40
What is the unit cost for each package of M & M’s?
If he sells them for $.60 per package, how much money is he making
$.60 - $.40 = $.20
on each package?
How many packages will he need to sell in order to get his original
$19.20/$.60 = 32
investment back?
4. Work through related, contextual math-in-CTE examples.
Power point slides 12 - 15
We can determine total fixed costs by adding
the two fixed costs together.
Break-Even Formula:
BP = FC/VCM
$25 + $100 = $125
BP – break-even point
Variable costs per unit are determined by
FC – total fixed costs
dividing the variable costs by the number of
VCM – variable-cost margin (calculated by subtracting variable costs
units $50/144 = $.347 or $.35
per unit from the selling price per unit)
Variable-cost margin is calculated by
subtracting the variable cost per unit from the
selling price: $1.50 - $.35 = $1.15.
A hot dog vendor at a local baseball park has the following fixed costs:
Therefore, using the break-even formula,
- $25 license
BP = FC/VCM, we find BP =$125/$$1.15
- $100 for equipment rental
=108.7
The variable costs are estimated to be $50 for twelve dozen (or 144)
The vendor must sell 109 hot dogs to break
hot dogs and buns, as well as condiments and paper products.
even and begin making a profit.
The hot dogs will sell for $1.50 each.
How many hot dogs will the vendor need to sell to break even?
M
-I
-CTE
—(
)—
ATH
N
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education