This project asks students to form a fictitious business selling duct tape pencil pouches. Students complete a variety of math problems calculating the cost to produce the pouches, cost of labor, determining profit, setting selling prices, and creating manufacturers suggested retail prices.
What math is involved?
-Finding area of a rectangle (decimal or fraction)
-Finding unit rate and unit price
-Using percent of a number to determine profit/cost
-Decimal and whole number computational skil