TERM 4 Week 1

Welcome back to school after your break.

Our focus this week is to make sure that everyone has finished off all our Meals for Mates activities on GC.

Submitting all these activities for marking. 

Our new task is work out a budget for our event. So we will work backwards and see if we can work out what it cost to run it and if we were charging people to attend this event - what we would need to charge them to make a profit.

Learning Intention:

We are learning how to work out an estimate of how much this function cost to put on.

 Success Criteria:

I can/have listed/brainstormed all the things/costs that we need to add into our budget.

I can / I have written them up as a budget for the number of people we had on the day 35 people approx. 

I can/have got a copy of each of the recipes that were cooked and I have estimated the cost for the amount produced on the day and added this to the budget (Maybe each group can do this for each other and share) So this is down to things like 1 T of an ingredient and an approximated cost.

I can /have worked as part of a group and worked out the costs going out and what the total spent was and how much we would need to charge people to come to this event if we did it again.

I can/have looked at the cost and worked out ways to make it cheaper and see if you and your group can bring the cost down.

Activities:

1. List/brainstorm all the things/costs that we need to add into our budget.

2. Write them up as a budget for the number of people we had on the day 35 people approx. 

3. Get a copy of each of the recipes that were cooked and estimate the cost for the amount produced on the day and add this to the budget (Maybe each group can do this for each other and share) so this is caluculated down to things like 1 T of an ingredient and an approximated cost.

4. Work as part of a group and work out the costs going out and what the total spent was and how much we would need to charge people to come to this event if we did it again.

5.  Look at the cost in No 4 and work out ways to make it cheaper and see if you and your group can bring the cost down.  Each group is to share /pitch how they think they could make more profit out to running this event.

Be prepared to share your budget and calculations/workings out with the class as we will be challenging YOU and each group to see who can get the most profit.

Have fun and make some money !!!!

Due for presenting on Thurdsday Week 1.