Republic of the Philippines Department of Education Region XI – Davao Region Schools Division of Davao City MAHAYAG NATIONAL HIGH SCHOOL Purok 1 Barangay Mahayag, Davao City INSTRUCTIONAL LEARNING PLAN Quarter 2 SCHOOL YEAR 2021-2022 Teacher: Rosalie P. Regpala Grade: All Sections in G11 Date January 3-6, 2022 (WEEK 5) Most Essential Learning Competencies (MELC’s) Forecast the revenues of the business. Objectives: Discuss the function of forecasting in preparing a firm’s projected revenue or sales. Calculate financial projections of a business. Appreciate the importance of Subject: Applied Subject- Entrepreneurship Date: January 3-4-5-6, 2022 Introductory Cognitive Process The learner demonstrates understanding in forecasting revenues or sales. Remembering Application Techniques/ Strategies/Il lustrations Learning Activities Assessment Tasks Self-paced reading MONDAY: Activity: Read Let’s MONDAY: Answer the following Know section in your Learning questions: Activity Sheets. 1. Define business revenue. 2. How to compute gross sales? 3. Differentiate gross sales and net sales. 4. Why do we need to prepare sales forecast? Individual Activity TUESDAY-WEDNESDAY Let’s Perform & Practice: Instruction: You are asked to complete a financial projection for a Hardware Company using straight-line method. Complete TUESDAY-WEDNESDAY Activity: Let’s Connect / Let’s Analyze Instruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start up revenue forecasting In business. this form and compute the business. Complete the form and yearly projected sales and compute the yearly projected sales revenue using the ff. using the ff. information. assumption. Jasmine loves to bake and make delicacies so she decided to start her Income: own business called Jasmine’s Sweet -The company is projecting Desserts. She’s projecting her sales to sales to increase 8% each year increase by 9% annually. Assume -Interest income will remain at that the Sales return is 2% of her P 1,200 every year total gross sales each year, sales discount is 3% of the total gross sales each year Evaluation Individual Activity THURSDAY Let’s Answer Formative Assessment: Multiple Choice Instruction: Choose the letter of the correct answer. THURSDAY Let’s Explore / Let’s Create 1. Discuss the other types of forecasting methods that financial analysts use to predict future revenues. 2. Are there any several other factors that may need to be considered that affects the sales forecast? Prepared by: ROSALIE P. REGPALA JHS Teacher I Checked by: NICK B. JAMISOLA School Mahayag Nationa High School (316213) Purok 1 Barangay Mahayag, Davao City 227-7361 / mahayag.hs@deped.gov.ph