Unit Lesson Plan for Budgets High School

1. Budgets Personal / Family / Business Business Math Chapter 1 Part 1

7. Crossfoot Answer 1 $ 2.60 $ 30.25 $ 130.04 $ 386.31 $ 549.20 2 $ 12.30 $ 58.71 $ 308.19 $ 64.10 $ 443.30 3 $ 0.56 $ 5.09 $ 8.98 $ 370.20 $ 384.83 4 $ 8.34 $ 27.16 $ 877.78 $ 801.33 $1,714.61 5 $ 23.80 $ 121.21 $1,324.99 $1,621.94 $3,091.94 $3,091.94

9. Estimate Solution Ramon's Budget Estimate Record of Income & Payments Week of September 7, 2009 Date Explanation Income Total Payments Savings Lunch Entertainment Gasoline Misc. 7-Sep Allowance $ 15.00 $ 10.00 $ 5.00 $ 5.00 8-Sep $ 20.00 $ 5.00 $ 15.00 9-Sep I-Tunes Purchase $ 10.00 $ 5.00 $ 5.00 10-Sep $ 5.00 $ 5.00 11-Sep Payday $ 80.00 $ 20.00 $ 5.00 $ 15.00 12-Sep Bought Book $ 5.00 $ 5.00 13-Sep $ 25.00 $ 25.00 Total: $ 95.00 $ 95.00 $ 5.00 $ 25.00 $ 30.00 $ 25.00 $ 10.00 Remaining Balance: $ -

13. Keeping a Family Budget Business Math Chapter 1 Part 2

20. Keeping a Business Budget Business Math Chapter 1 Part 3

26. Crossfoot Solution 1 $2,078.44 $3,451.15 $16,063.46 $21,593.05 2 $12,008.07 $1,680.91 $27,182.42 $40,871.40 3 $14,321.82 $848.25 $10,340.84 $25,510.91 4 $2,549.31 $1,101.48 $12,214.32 $15,865.11 5 $30,957.64 $7,081.79 $65,801.04 $103,840.47 $103,840.47

28. Salon Estimated Budget Group Project The Group goals are: Based upon the discussion in our last class fill into the Month and corresponding Income / Payment fields the groups best estimate as to what these totals might be for the Chaparral Salon. Group discussion should include all group input as well as appropriate reasoning as to why the amount was chosen. The Income should take into consideration there is local competition and a competitive pricing as to service and retail sales. A group leader(s) shall present and be able to explain the amounts entered. Chaparral Salon Cash Budget First Quarter 2009 January February March Income/ Receipts Service Sales Retail Sales Cost of Goods Total Sales Payments Wages Rent Utilities Supplies Office Expenses Repairs Insurance Taxes Equipment Total Sales Income / (loss)

29. Sample Small Business Estimated Budget Documentsusiness Wksht 1.xlsx Chaparral Salon Cash Budget First Quarter 2009 January February March Income/ Receipts Previous 3-month Revenues & Expenses Service Sales $54,250.00 / 3 = $18,083.33 Retail Sales $10,780.00 / 3 = $3,593.33 Cost of Goods $6,830.00 / 3 = $2,276.67 Total Sales $58,200.00 / 3 = $19,400.00 Payments Wages $31,300.00 / 3 = $10,433.33 Rent $7,200.00 / 3 = $2,400.00 Utilities $1,140.00 / 3 = $380.00 Supplies $2,200.00 / 3 = $733.33 Office Expenses $560.00 / 3 = $186.67 Repairs $1,900.00 / 3 = $633.33 Insurance $2,250.00 / 3 = $750.00 Taxes $7,240.00 / 3 = $2,413.33 Equipment $1,500.00 / 3 = $500.00 Total Sales $55,290.00 / 3 = $18,430.00 Income / (loss) $2,910.00 / 3 = $970.00

31. Business Math Chapter 1 Part 4

35. Solution 1 $ 220.00 $ 192.50 $ 29.25 $ 35.15 2 $ 6.00 $ (63.40) $ (41.30) $ (52.12) 3 $ (30.00) $ 4.75 $ (58.10) $ (408.20) 4 $ 140.00 $ 920.61 $ (167.11) $ (62.40) 5 $ (12.00) $ (53.22) $ 44.63 $ (5.70) $ 324.00 $ 1,001.24 $ (192.63) $ (493.27)