Major Concept- C. Consumer Mathematics
Objective |
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| 1. To calculate weekly gross wages involving regular pay, overtime pay, and piecework earnings. |
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| 2. To calculate earnings for straight commission, or base wage plus commission. |
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| 3. To determine the difference between gross pay and net pay. |
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| 4. To calculate weekly, monthly, and yearly net pay. |
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| 5. To define and explain the purpose of a budget. |
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| 6. To determine and calculate monthly fixed expenditures. |
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| 7. To investigate the guidelines in developing a budget. |
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| 8. To plan a budget based on percentages allotted to various categories as suggested by financial institutions. |
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| 9. To calculate the portion of total income spent on each category using percents |
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| 10. To draw graphs (including circle graphs) of budget figures, using appropriate software. |
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| 11. To calculate the actual amount of money to be spent on each category using the predetermined percentages. |
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| 12. To adjust a budget to changes in expenses. |