Funny+Money+Activity

=**Funny Money Cooperating Activity**=

Students will design a hypothetical bake sale to raise money for a class pet (in small groups).

The principal has donated the initial five dollars allowed to each group to purchase supplies for the bake sale.

Students must decide what baked goods they would like to sell and how much they are going to sell the baked goods for, keeping in mind they only have five dollars to start off.

Students will then track their spending and earnings to figure their net worth.

Students will create an order form to post at their bake sale table to help monitor sales. Students will tally beside each product sold.

Small groups will create an advertisement poster to also be posted at their bake sale table. The purpose of the poster will be to attract customers and convince customers to purchase their product.

Small groups of four or five will take turns setting up their mock bake sale table. The rest of the class will be allowed to spend $1 at the table or tables of their choice.

Reflection after the lesson (class discussion) -Ask students how they decided what to sell at their tables. -Ask students how they decided how much to charge for their baked goods. -Ask the students if they would change/alter any of their business decisions. -Ask the students what made them decided to buy the baked goods that they bought. -Ask the students to vote on which poster they thought would attract the most costumers, and why.

Post each group's net worth on the board, and which one was most successful.

__**For Teacher Reference**__ __Items that the students can make and sell:__ Brownies Chocolate Chip Cookies Rice Crispies No Bake Cookies Muffins Chocolate Covered Pretzel Rods Cupcakes Pie

__How much it costs to make each item on the list above:__ Brownies- $.15 each Chocolate chip Cookies- $.05 each Rice Crispies- $.20 each No Bake Cookies-$.10 each Muffins- $.15 each Chocolate Covered Pretzel Rods- $.10 each Decorated Cupcakes- $.25 each Pie- $.15 each