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    Stock Valuation Lesson Plan

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    api-316199002
    This document outlines a lesson plan for a social sciences class on inventory valuation. The lesson focuses on teaching students the first-in, first-out (FIFO) method of inventory valuation. The objectives are for students to identify inventory valuation methods, understand why businesses maintain inventory levels, and apply the FIFO method to calculate closing inventory value. The lesson involves a short introductory video, a discussion of inventory valuation methods, individual and group worksheets practicing FIFO calculations, and a formative assessment of student understanding. The teacher concludes the lesson evaluates that most students understood FIFO valuation but some struggled with the calculations.

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    Stock Valuation Lesson Plan

    Uploaded by

    api-316199002
    866 views4 pages
    This document outlines a lesson plan for a social sciences class on inventory valuation. The lesson focuses on teaching students the first-in, first-out (FIFO) method of inventory valuation. The objectives are for students to identify inventory valuation methods, understand why businesses maintain inventory levels, and apply the FIFO method to calculate closing inventory value. The lesson involves a short introductory video, a discussion of inventory valuation methods, individual and group worksheets practicing FIFO calculations, and a formative assessment of student understanding. The teacher concludes the lesson evaluates that most students understood FIFO valuation but some struggled with the calculations.

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    This document outlines a lesson plan for a social sciences class on inventory valuation. The lesson focuses on teaching students the first-in, first-out (FIFO) method of inventory valuation. The objectives are for students to identify inventory valuation methods, understand why businesses maintain inventory levels, and apply the FIFO method to calculate closing inventory value. The lesson involves a short introductory video, a discussion of inventory valuation methods, individual and group worksheets practicing FIFO calculations, and a formative assessment of student understanding. The teacher concludes the lesson evaluates that most students understood FIFO valuation but some struggled with the calculations.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    866 views4 pages

    Stock Valuation Lesson Plan

    Uploaded by

    api-316199002
    This document outlines a lesson plan for a social sciences class on inventory valuation. The lesson focuses on teaching students the first-in, first-out (FIFO) method of inventory valuation. The objectives are for students to identify inventory valuation methods, understand why businesses maintain inventory levels, and apply the FIFO method to calculate closing inventory value. The lesson involves a short introductory video, a discussion of inventory valuation methods, individual and group worksheets practicing FIFO calculations, and a formative assessment of student understanding. The teacher concludes the lesson evaluates that most students understood FIFO valuation but some struggled with the calculations.

    Copyright:

    © All Rights Reserved
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    of 4

    CURRICULUM: Social Sciences (Principle of Accounts)

    TEACHER: Mr. Benjamin


    DATE: November 06th, 2015
    SCHOOL: Mount Hope Secondary
    CLASS: Form 5
    TIME:
    UNIT:
    TOPIC:

    PERIOD: 1

    DURATION: 35 mins

    The Preparation and Analysis of Financial Statements of the Sole Trader


    Inventory (Stock Valuation)

    PRE-KNOWLEDGE
    Students know what is considered stock and that it is a current asset
    At the end of the financial period it is necessary to calculate the value of closing stock.

    OBJECTIVES:
    1. Students should be able to identify the methods of Inventory
    (Stock valuation).

    Cognitive ( lower order)


    identifying

    2. Students would develop an understanding of why we maintain stock/


    inventory.

    Affective ( lower order)


    understanding

    3. Students should be able to identify the closing stock and calculate the
    value of closing inventory (stock).

    Psychomotor (Higher Order)


    identifying

    SET INDUCTION Time allotted:3 mins

    Short video A view of stock in a warehouse being moved around.

    SECTION 1- Time allotted: 5 mins


    Inventory/Stock Valuation
    Why businesses maintain an acceptable levels of stock.

    Appreciation of the three methods of stock valuation FIFO, LIFO & AVCO.
    .

    METHOD

    Teaching Strategy
    Teacher ask class questions

    Student Activity
    Class responds

    Resources
    Teacher

    for the reasons that a business


    may want to use the FIFO
    method.
    Based on class responses
    teacher guides with relevant
    questions and scenarios.

    SECTIONAL REVIEW and feedback (Summative assessment strategies) Time allotted: 5 mins

    Oral Feedback on student activity

    SECTION 2- Time allotted: 20


    mins mins
    Content:
    Teaching point:

    Determine which stock is sold using FIFO method


    Identify the quantity of closing stock and calculate its value

    METHOD
    Teaching Strategy
    Individual Work

    Group work

    Student Activity

    Resources

    Identify which item is sold first using FIFO


    and calculate the closing stock and its value.

    Worksheet

    Groups completes worksheet and present


    answers.

    Worksheet

    SECTIONAL REVIEW and feedback (formative assessment strategies) Time allotted: mins

    Teacher observes responses to worksheets to ensure students followed the instructions and answer show
    that they understand how FIFO method of stock valuation works.

    CLOSURE Time allotted: 3 mins


    Can students tell us what was relevant about the lesson. Was it useful to you, if so how? Did you learn
    anything?
    FINAL EVALUATION Reasonable level of achievement:
    Time allotted
    Class watches a short video

    Related Objective
    1.

    Teacher ask summative questions:

    2.

    Why do we maintain stock?

    3.

    What are the three methods of stock valuation?


    Most of the students should be able to complete the final hand out and answer
    Questions asked by teacher.

    FOLLOW-UP ACTIVITIES

    Teacher gives handout on the methods of stock valuation that includes a FIFO calculation.
    Students given homework to read on LIFO and AVCO for next class.
    TEACHERS EVALUATION OF THE LESSON

    Overall the lesson went well, the some student had difficulty in working out the value of the closing
    Stock. If the lesson is to be taught again it would be broken into two so that the value calculation would
    beTUTORS
    a separateCOMMENTS
    lesson base on the level of this class.

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