Muffin bakery: volume discounting

Learning Material  |  Interactive Lesson  |  RAR

Published on 2018 October 29th

Run a shop which bakes muffins. Investigate the production costs. Look at how profit is calculated. Examine the effects of unsold stock on profit. Maximise profit by working out the best combination of production volume and price. Investigate the effects of buying ingredients in bulk on unit costs and profit. Look closely at sales figures and make adjustments. This learning object is the second in a series of three objects that progressively increase in difficulty.
1. Students explore how retail profitability is related to customer demand and unit costs.
2. Students analyse sales results and adjust production volumes and prices accordingly.
3. Students test business ideas and respond to market feedback.

Curriculum Information

K to 12
Grade 7, Grade 8
TLE - Industrial Arts Technical Drafting, Technology and Livelihood Education
AgriFishery Arts Agricultural Crop Production AgriFishery Arts Animal Production AgriFishery Arts Aquaculture AgriFishery Arts Food Fish Processing Home Economics Front Office Services Home Economics Household Services Information and Communications Technology Computer Hardware Servicing Information and Communications Technology Contact Center Services Information and Communications Technology Technical Drawing Information and Communications Technology Technical Drafting Home Economics Beauty Care Nail Care Services Home Economics Caregiving Home Economics Cookery Home Economics Handicraft Home Economics Dressmaking Curriculum Guide AgriFishery Arts Horticulture Industrial Arts Consumer Electronics Servicing Industrial Arts Automotive Servicing Industrial Arts Masonry Industrial Arts Plumbing Industrial Arts Carpentry Industrial Arts Electrical Installation and Maintenance Industrial Arts RAC Servicing Industrial Arts Shielded Metal Arc Welding

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Education Services Australia
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