School Siete Central Elementary School Grade Six
Teac\her Vangie Ferrer Daguinotas Learning Area TLE
Designation Teacher III Quarter FOURTH
Date/Day February 11, 2019 Monday Inspected/Checked by:
I - OBJECTIVE/S
A. Content Standards
Demonstrates an understanding of knowledge and skills in enhancing/decorating products as an alternative source of income
B. Performance Standards
Performs necessary skill in enhancing/ decorating finished products
C. Learning Competencies (Objective/s and LC Code)
TLE6IA 1.7.3 -0e-7 Discuss the proper procedure in computing the selling price.
Compute income from sales. Appreciate the importance of proper computing of income from sales.
II - CONTENT
III - LEARNING MATERIALS
IV - PROCEDURES
A. Reviewing previous lesson or presenting the new lesson
Have pupils recall the meaning of: Capital, Expenses, Gain
B. Establishing a purpose for the lesson
Have you tried to earn money by selling a product? What is that product?
Vocabulary: Selling price - The actual final price of a product or service that company charges a purchaser to buy the item.
C. Presenting examples/instances of the new lesson
Project Pieces Cost of Materials labor Selling Price Possible Income
Bracelet 10 Php 60.00 Php 30.00
What is the item/listed in the chart? If you were to sell the item, what will be the price per piece?
D. Discussing new concepts and practicing new skill #1
What are the steps in computing the selling price? Discuss the proper procedure in computing the selling price.
Steps on how to get the selling price and the possible income. Project: Beaded bracelet
Add all the cost of materials plus cost labor to get the unit cost for each bracelet.
Materials -------------------- Php 60.00
Labor (Php 30.00/bracelet)---- Php 30.00
Php 90.00
Count how many beaded bracelets were made. Multiply this with total cost of materials plus labor to get your capital. Php
90.00 x 10 bracelets = Php 900.00 (capital). Multiply Php 90.00 x 20% for mark-up purposes.
Php 90.00
X 20% (.20)
Php 18.00 mark-up price
Add the mark-up to your capital. The sum will be the selling price.
Php 90.00
+ 18.00
Php 108.00 selling price
Define Business income, Revenue & Expense
Business Income is the amount of gain earned from a sale of a service and/ or product after deducting all incidental expenses
incurred by the business. Revenue is the amount of money received (or to be received) in exchange for product and/or services
provided and sold. Revenue includes gross receipts on the sale of service – or gross sale of product. Expense is the amount of
money paid (or to be paid) in exchange for product and/ or service received and purchased. Sample expenses include inventory
purchases, salary and wages, transportation, advertising, electric and water bills, communication, professional fees, etc.
Steps in Computing Business Income
Identify all the products and/or services sold in a given period and then total the amount. The total represents the revenue.
Identify all the cost you pay in order to operate your business in the same given period. The total represents your total
expenses. To compute your business income, subtract your total expenses against your total revenue.
E. Discussing new concepts and practicing new skill #2
Group Activity: Compute the selling price & possible income **use 20% as mark-up price
F. Developing mastery (Leads to Formative Assessment)
Seat work: Compute the selling price & possible income **use 20% as mark-up price, Project: Shoe Rack, Pieces: 4, Cost of
Materials: Php 2000, Labor: Php 180. What is the selling price? What is the possible income?
G. Finding practical applications of concepts and skills in daily living
Your uncle put up a bracelet business, he’s just guessing the price for each item. What will be the consequence of his action?
What will you do?
H. Making generalizations and abstractions about the lesson
In order to get the selling price of your selected project, what are you going to do? What are the steps in getting the selling
price and income?
I. Evaluating learning
J. Additional activities for application or remediation
V- REMARKS
VI- REFLECTIONS
