Scott County School District 1

Business Math

Business Math is a business course designed to prepare students for roles as entrepreneurs, producers, and business leaders by developing abilities and skills that are part of any business environment. A solid understanding of math including advanced algebra, basic geometry, statistics and probability provides the necessary foundation for students interested in careers in business and skilled trade areas. The content includes advanced mathematical operations, including applied technology, related accounting, banking and finance, marketing, and management.

Business Math

Week

Standard

Benchmark

Lesson

Assessment

Week 1, 2

& 3

Chapter 1

BMH- 1.1, 2.1, 3.1, 6.1

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Demonstrate ability to take measurements and convert as needed.

· Construct, read, and interpret tables, charts, and graphs.

· Maintain checking account records (e.g. checks, check register, and deposit slips)· Use algebraic graphs in real world situations

· Maintain checking account records (e.g. checks, check register, and deposit slips)

· Show a reconciliation of a bank statement

· Create and analyze budgets· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Demonstrate ability to take measurements and convert as needed.

· Construct, read and interpret tables, charts, and graphs.

· Maintain checking account records (e.g. checks, check register, and deposit slips)

· Create and analyze budgets

Group instruction & examples

Individual work time with help

Group work

Homework

Bell Ringer

Short Answer Checks

Chapter 1 Test

Banking Project

Bank Reconciliation

Check Register Entries

Week 4, 5 & 6

Chapter 2

BMH 1.1, 1.2, 1.3, 1.4, 3.2, 3.4, 3.5

·· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Select and use appropriate formulas to solve problems.

· Construct and solve an equation for a given problem using units.

· Determine if a solution to an algebraic computation is reasonable.

· Use probability concepts to predict events.

· Calculate measures of range and central tendency (e.g. mean, median, mode)

· Determine if a solution to probability and statistical computation is reasonable.

Group instruction & examples

Individual work time with help

Group work

Homework

Bell Ringer

Short Answer Checks

Chapter 2 Test

Wages/Salary worksheet

Columnar Cash Payments Record

Week 6, 7, 8 & 9

Chapter 3

BMH 1.1, 1.2, 1.3, 1.4, 3.2, 3.4, 3.5

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Select and use appropriate formulas to solve problems.

· Construct and solve an equation for a given problem using units.

· Determine if a solution to an algebraic computation is reasonable.

· Use probability concepts to predict events.

· Calculate measures of range and central tendency (e.g. mean, median, mode)

· Determine if a solution to probability and statistical computation is reasonable.

Group instruction & examples

Individual work time with help

Group Work

Homework

Bell Ringer

Short Answer Checks

Chapter 3 Test

Ratio/Proportion Project

Portion of a Whole Project

Week 10, 11 & 12

Chapter 4

BMH 1.1, 1.2, 1.3, 1.4, 3.2, 3.4, 3.5

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate and maintain employee payroll records

· Calculate necessary ratios to make sound managerial decisions

Group instruction & examples

Individual work time with help

Homework

Bell Ringer

Short Answer Checks

Chapter 4 Test

Salary Comparison Project

Week 13, 14 & 15

Chapter 5

BMH 1.1, 10.1, 10.3, 10.6

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Use formulas and geometric reasoning necessary for area, perimeter, circumference, diameter, and volume

·Learn and use the basic metric units

* Convert and compute metric units of length

Group instruction & examples

Individual work time with help

Working with metric units

Homework

Bell Ringer

Short Answer Checks

Chapter 5 Test

Unit Measurement Map Project

Week 16, 17, 18 & 19

Chapter 6

BMH 1.1, 4.6, 4.9

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate and plan for a variety of expenses

· Compare the costs of renting, leasing, or buying plant or current assets

* find extensions when quantities or prices are mixed numbers

*find extensions when large quantities are involved

*use shortcuts when finding extensions· *Calculate cost of goods sold, gross profit, operating expenses, and net profit

· Determine cost of goods sold using different inventory valuation methods (e.g., LIFO, FIFO)

· Calculate manufacturing costs and break-even point

Group instruction & examples

Individual work time with help

Working with unlike fractions

Homework

Bell Ringer

Short Answer Checks

Chapter 6 Test

Semester FINAL

2nd SEMESTER

Week 1, 2 & 3

Chapter 7

BMH- 1.1, 1.4, 1.6, 4.1, 4.2, 4.8, 4.9, 7.1, 7.2, 7.3, 7.4, 7.5, 7.6, 7.7, 7.8, 7.9, 7.10

Calculate down payments
Calculate closing costs
Use a table to find monthly payments
Find total interest cost for a loan
Calculate depreciation of a home
Compare renting and owning a home

Group instruction & examples

Individual work time with help

Interest and loan Homework

Jeopardy Loan Game

Homework

Bell Ringer

Short Answer Checks

Chapter 7 Test

Loan Project

Compound Interest Project

Week 4, 5

& 6

Chapter 8

BMH- 1.1, 1.4, 1.6, 4.1, 4.2, 4.8, 4.9, 7.1, 7.2, 7.3, 7.4, 7.5, 7.6, 7.7, 7.8, 7.9, 7.10

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate employee and employer taxes and prepare related reports

· Calculate fringe benefits and analyze their effect on the total wage package

· Analyze costs of recruiting, placing, and training employees

Group instruction & examples

Individual work time with help

Group work time

Tax Worksheet Comparison

Homework

Bell Ringer

Short Answer Checks

Chapter 8 Test

1040 Tax Form

Week 7, 8, & 9

Chapter 9

BMH 1.1, 4.1, 4.2

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate equity using the accounting equation

· Calculate and plan for taxes including sales, income, and property

Group instruction & examples

Individual work time with help

Group Work

Homework

Bell Ringer

Short Answer Checks

Chapter 9 Test

Insurance Spreadsheet Comparison

Week 10, 11 & 12

Chapter 10

BMH 1.1, 4.3, 4.4, 4.5

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate cost of goods sold, gross profit, operating expenses, and net profit

· Determine cost of goods sold using different inventory valuation methods (e.g., LIFO, FIFO)

· Calculate manufacturing costs and break-even point

Group instruction & examples

Individual work time with help

Group work

Homework

Bell Ringer

Short Answer Checks

Chapter 10 Test

Week 13, 14

Chapter 11

BMH 1.1, 8.1, 8.6, 8.9

· Reinforce basic math skills, such as but not limited to percents, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Compare and contrast expenses associated with various advertising mediums

· Analyze demographic information to make sound marketing decisions

· Plan and design various displays for products with different size and shape requirements

Group instruction & examples

Individual work time with help

Marketing Plan

Homework

Bell Ringer

Short Answer Checks

Chapter 11 Test

Savings Accounts and Bonds

Week 15, 16 & 17

Chapter 12

BMH 1.1, 5.2, 5.3, 5.4

· Reinforce basic math skills, such as but not limited to percent’s, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Calculate employee and employer taxes and prepare related reports

· Calculate fringe benefits and analyze their effect on the total wage package

· Analyze costs of recruiting, placing, and training employees Reinforce basic math skills, such as but not limited to percent’s, decimals, and fractions, and algebraic skills of solving equations with one or two variables.

· Apply complex functions to business financials

· Use research, composition, and oral skills to present information for a variety of situations utilizing appropriate technology

· Work cooperatively with peers and authority figures

Group instruction & examples

Individual work time with help

Group Work

Homework

Bell Ringer

Short Answer Checks

Investing Project

Chapter 12 Test

Week 18

All standards

Review all accumulative knowledge

Work review problems

Prepare for final

FINAL