Market day Preparation

This week the market day madness started with children busy making their products to sell at our market day.

The class was a hive of activity as children concentrated on making their product. There was major failures and some adjustments needed on their design as they realised that they had not thought thru their product production close enough or they realised it was impossible to make it it the short timeframe they had.

We have 6 stalls that will open for sale on Friday 27th. Products being created range from birthday cards, bookmarks, cushions, stress balls, squishes and slime.

It will be interesting to see what products sell and what doesn't.

The class also had to design our money for our market day. The name of the money is "Oompaloompa's". The class voted for the top two designs that will be used on the day.

The winning designs were by Liza and Gangmin.

The class also had to create a forecast budget. They had to predict what they will sell their products for and how many they will need to make.
They also had to take into account their expenses.
So far their expenses are

Bank Loan - Set up cost) = $10oompaloompas
Interest on loan               = $1oompaloompa
Rental of shop            = $1oompaloompa

Each group has to make $12oompaloompas before they can make any profit.