Tuesday, 14 October 2014

Sorting out the money

We had decided to discuss the money right at the end of the project and sort out who owes and who is owed money. We did this today. We calculated our total expenses (making the tree, light box, testing paints etc) and figured out that $26 from each person covered these making it fair. Since some of us had bought more materials than others we calculated how much each person needed to pay or be paid from this. 
We paid each other or got paid according to what money we had or hadn't contributed to the project. On top of this we made a $4 profit from tokens (even though we didn't charge any!) and $100 from selling our tree to Tina. That meant we each got paid $20.80 at the end. So we didn't end up making a profit but we thought spending only $5.20 on a uni project each was a success and probably our cheapest yet which was one of our aims right at the beginning! 

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