PC 102 Professional Skills Gathering Agenda For Week 10

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PC 102 Professional Skills

Gathering Agenda for Week 10


Gathering Purpose
• Discuss the BYU-Pathway Worldwide devotional
• To help students better understand how to use lines and graphs to interpret data
Preparation
•Study the math gathering activity
•Be prepared to graph lines using paper or a website like https://www.desmos.com/calculator
•For face-to-face Gatherings, arrive early to setup the room, prepare any visual aids, and greet students
as they arrive.
• For virtual Gatherings, start the meeting early, share your screen with a message welcoming them to the
gathering and letting them know you’ll start soon.
o When the Gathering Agenda asks that students meet in small groups, use Breakout Rooms.
o When the Gathering Agenda asks you to display things on “the board,” you use the whiteboard.
Min. Activities Teaching Tips
Welcome and Devotional
10 Welcome Welcome, announcements, and housekeeping
Hymn or Please sing one or two verses of a hymn. If you meet
Thought, with a virtual gathering, the lead student or another
Prayer student should be invited to share a brief spiritual
thought. A volunteer will then give an opening prayer.
BYU-Pathway Students were asked to watch the BYU-Pathway Look up the questions in
Worldwide Worldwide devotional this week, as contained in the advance so you are ready.
Devotional course. They should have done this prior to the
gathering. As a class discuss the devotional using the
discussion questions provided in the course.
Introduction
Explain that in the gathering today you will help each
other understand the concepts from this week’s lesson.
This includes key terms and how to graph cost and
revenue lines to determine the break-even point.

The math gathering activity will be a larger part of the


gathering than normal.
Key Concepts
10 Define Key Help everyone understand the key terms from this Allow the class to learn
Terms week’s lesson by reviewing the following list. You can together and discuss items
also ask the class if there were any other terms they that might be unclear for
didn’t understand. some students.
Revenue = The amount of money you get when you sell.
Formula: Price x Number of Units Sold
Fixed Cost = The expenses you must pay even if you
don’t sell anything.
Variable Costs = The costs that change depending on
how many units you sell.
Contribution Margin = The amount of each sale that

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contributes to paying for your fixed costs. Formula:
Price-Variable Costs
Break-even point = The point at which your total costs
and total revenue are equal. Formula: Fixed Costs/(Price-
Variable Costs)
Gross Profit = How much money you have left pay your
fixed costs. Formula: Revenue – Variable Costs
Net Profit = How much money you have left after paying
all your costs (fixed and variable). Formula: Revenue –
Variable Costs – Fixed Costs
Profit Margin = A ratio of how efficient you are at
creating profit. Formula: Net Profit/Revenue

Math Gathering Activity


15 Exercise Now that you’ve reviewed the key terms from this Use graph paper, white
week’s lesson try putting them into action by discussing board or a website like
this week’s math gathering activity. https://www.desmos.com/
calculator
As a class or in small groups use the following
information to graph the costs and revenue lines. See solution at the end of
• Your stand has a fixed cost of $1240 each month. the agenda
• It costs you $0.78 for the ingredients for each
lemonade you sell.
• You sell the lemonade for $1.40 each.
Graphing After everyone has completed the exercise bring the
Discussion class back together and discuss how graphing these lines
makes it easier to visualize the data and understand the
relationship between cost and revenue.

Possible discussion questions:


• How does the slope of the lines affect the
profitability of your lemonade stand?
• How did seeing the chart help you visualize
when you are making money and when you are
losing money?
• How did graphing these lines help you
understand the break-even point?
Algebra Have a brief discussion with the class to explain the You can refer to the video
Discussion algebra that makes the break-even formula work. in the math lesson that
explains how the break-
even formula works using
algebra.
W10 Application Activity: Semester Project
20 Work Together *** From this point on in the semester project,
students will be turning in all assignments on their own
and not as part of a group in their course. ***

However, the gathering group can be a great place for

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students to bring their homework and help each other
on the weekly Semester Project assignments.

This week take time to help each other on W10


Application Activity: Semester Project. Here are some
suggestions for working together:
• For groups that meet face to face, invite
students to bring a device to the gathering so
they can use it to work on their assignment.
• Have one or more students explain or
demonstrate the assignment requirements.
• Teach one another. This does not mean give
each other the answers. Help students discover
them on their own.
• Encourage students to reach out to each other
outside the gathering to find and give help.
• Encourage students to reach out to their
instructor early if they have questions.
Conclusion
5 Testimony and Bear a 30-90 second testimony and end with a prayer by
Prayer invitation.

Math Activity Answer:

The breakeven point is at x=2000.


x=1240/(1.40-0.78)=2000

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