Step 4: Selling
Take the information you obtained in Step 3 and use it below to find out how much money you
made on your corn (M&Ms
) that was not pre-sold. Only write down the positive numbers; skip the
negative numbers until Step 7.
: Before and After Harvest Totals
Add together the totals you made either from pre-selling your corn (M&Ms
) at $3.50 or selling
your corn (M&Ms
) after harvest at $3.20.
6: Grand Total
Did you oversell any corn (M&Ms
)? (circle one) YES NO
If no, write how much you made below from step 5.
Grand Total (from Step 5) $________________________
Step 7: The Cost of Overselling
If you oversold your corn (M&Ms
), you will have to buy more corn to make up the difference. The
grain elevator will also charge handling fees on top of the base price of the corn you buy. Write all
the negative numbers (from Step 3) for each color of M&Ms
you oversold in the blanks below.
Write the sum of these numbers in the Total Oversold blank, then find out how much you have to
pay to buy more corn.
Blue________ Brown________ Red________ Orange________ Yellow________ Green________
8: Grand Total
Now, subtract the total amount you oversold in Step 7 from the total in Step 5 to find out your
Total made (from Step 5):
Total oversold (from Step 7):
Grand Total: $
Total from Step 4: $