Florida B.E.S.T. MA.912.FL.2.2
The Standard
Solve real-world problems involving profits, costs and revenues using spreadsheets and other technology.
Florida B.E.S.T. Standards for Mathematics
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students use spreadsheet formulas to calculate costs, revenue, and profit in business situations. They test different values and use the results to answer questions or make decisions.
What Mastery Looks Like
- Students organize given data in a spreadsheet and use formulas to calculate total cost, revenue, and profit. They can change price, cost, or sales values and explain how the profit changes.
Common Misconceptions
- Students often treat revenue as profit or subtract costs in the wrong order. They may omit fixed costs, confuse total cost with unit cost, or enter numbers instead of formulas in spreadsheet cells.
How to Assess It
- Give students fixed costs of $600, a unit cost of $8, a selling price of $20, and sales of 75 units. Ask them to build spreadsheet formulas for cost, revenue, and profit, then explain the result.
Lesson moves
Ways to Teach It
Give pairs price, unit cost, fixed cost, and sales cards, then have them build a spreadsheet that calculates profit.
Ask students to write which change would improve profit most: raising price, lowering unit cost, or increasing sales, and defend their choice.
Run a break-even race where teams adjust spreadsheet inputs to find the smallest sales quantity that produces a nonnegative profit.
Use a school fundraiser menu to estimate costs, revenue, and profit for several sales totals in a spreadsheet.
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Related Standards
- MA.912.F.3.3
Solve mathematical and real-world problems involving functions that have been combined using arithmetic operations.
- MA.912.FL.2.6
Given a real-world scenario, complete and calculate federal income tax using spreadsheets and other technology.
- MA.912.FL.2.5
Develop budgets that fit within various incomes using spreadsheets and other technology.
- MA.912.FL.1.3
Solve real-world problems involving weighted averages using spreadsheets and other technology.
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