TARLAC AGRICULTURAL UNIVERSITY
LABORATORY SCHOOL
LESSON PLAN
I.
Learning Objectives
At the end of the
lesson the students are expected to:
1.
Apply
the rules of production to an enterprise
2.
Compute
the cost of the product or service of the chosen business
II.
Learning Content
Topic : Estimate cost of product and services
References : Module for grade 10
Material : Laptop, chalkboard, and LCD TV
III.
Lesson Proper
A.
Preliminary
Activities
a.
Greetings
b.
Classroom
management
c.
Checking
of attendance
B.
Motivation
Showing the students
picture of selling a product
C.
Lesson
Proper
Capital Cost a payment of interest for the
duration of the loan
Cost
represents form of payment
Direct Cost
payment and expenditure made for the production or service that become part of
the product like acquisition of raw materials and salaries/wages of the workers
Indirect Cost
sum of other expenses or cost generated from the business
and also known as overhead expenses
Material Cost
all materials needed both for direct manufacturing and
those needed for the functioning of the business
Production
process of making or manufacturing goods
Staff Cost are salaries or wages plus
additional costs as payments or incentive on overtime works, social security,
annual and sick leaves of workers
How
will you know when to produce more? When
to stop producing? When to
maintain production? Each situation
below follows a
decision.
Remember what to do in the following instances:
1.
What will be your decision, when
the TR (INCOME) of your business is equal to TC (EXPENSES)?
EXAMPLE:
TR
= TC
2000
= 2000
DECISION:
There is a need to maintain your production.
2.
What will you do when the TR of
your enterprise is less than to the TC?
EXAMPLE:
TR = TC
5000 = 8000
DECISION: The production needs to stop.
3.
What action do you need to take if
you have greater TR than your TC?
EXAMPLE: TR = TC
10000
= 7000
DECISION: You have to produce more
IV.
Generalization
The teacher will
recap the estimate cost of products and services
V.
Evaluation
Given the following nominal values of revenues and costs, decide whether you need to produce more,
stop your production or maintain production
of goods or services. Draw an upward (↑)
arrow if your answer is to produce
more; downward arrow (↓) when you need to stop and draw a smiley face (☺) when
your decision is to maintain production.
NO.
|
BUSINESS
|
TR
|
TC
|
ENTREPRENEUR’S
|
|
NAME
|
(INCOME)
|
(EXPENSES)
|
DECISION
|
||
|
|||||
1
|
Son’s
Academy
|
18,000
|
|
||
2
|
Sea-Bricks
Co.
|
24,500
|
19,000
|
|
|
3
|
Jay’s
Fashion Shop
|
15,880
|
15,880
|
|
|
4
|
Jr/Sr
Internet Café
|
6,800
|
8,300
|
|
|
5
|
Celjun’s
Transpo
|
22,100
|
15,500
|
|
VI.
Assignment
1. This is the time when you need to decide
to maintain your production.
a.
When the TR is equal to TC
b.
When the TR is greater than TC c.
When the TR is lesser than TC
2.
It refers to the situation when
you need to decide to produce more when the _________.
a.
TR is equal to TC
b.
TR is greater than TC
c.
TR is lesser than TC
3.
Time may come when you really need
to decide to stop your business production. When the ___________.
a. TR is equal to TC
b. TR is greater than TC
c.
TR is lesser than TC
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