# Course Title: Calculate cost estimates for fashion products

## Part B: Course Detail

Teaching Period: Term2 2014

Course Code: GRAP5211C

Course Title: Calculate cost estimates for fashion products

School: 350T Fashion & Textiles

Campus: Brunswick Campus

Program: C4219 - Certificate IV in Fashion and Textiles Merchandising

Course Contact : Barbara Kuczuk

Course Contact Phone: 9925 9195

Course Contact Email:barbara.kuczuk@rmit.edu.au

Name and Contact Details of All Other Relevant Staff

Effie Wlodarczyk

Nominal Hours: 30

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

Year 10 maths

Course Description

This course covers the skills and knowledge required to develop cost estimates for sample production of products within the fashion industry.

National Codes, Titles, Elements and Performance Criteria

 National Element Code & Title: LMTFD4004B Calculate cost estimates for fashion products Element: 1.  Identify factors to be considered when costing a garment for the fashion industry Performance Criteria: 1.1 Factors to be taken into consideration when costing fashion products are identified according to OHS practices. 1.2 Market forces that affect costing for fashion industry are identified. Element: 2. Identify costs involved in producing fashion garments Performance Criteria: 2.1 Costs of fabric and trims for sample garments and production are estimated. 2.2 Similar garments from different price points within fashion industry are compared and any production differences are identified. 2.3 Hidden costs in sample production are identified. 2.4 Differences in costs for sample and bulk production garments are explained. Element: 3. Identify and calculate labour costs involved in fashion garment production Performance Criteria: 3.1 Labour involved in fashion product production is identified. 3.2 Labour costs for production of sample and bulk production are calculated. 3.3 Different methods of utilising labour in fashion industry are identified and compared. Element: 4. Develop costing sheets to industry standards Performance Criteria: 4.1 Components of fashion industry costing sheets are identified. 4.2 Costing sheets are developed to meet fashion industry standards. 4.3 Costing sheet is completed for a sample garment. 4.4 Costing sheet is used to develop quotation for bulk production. 4.5 Quality standards of work and received materials are assessed.

Learning Outcomes

On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.

Details of Learning Activities

Class room activities

Teaching Schedule

Week Session – Topic Element
Performance Criteria

1 Class warm-up activity as introduction
Discussion of lecturer’s background (brief)
Discussion of semester’s objectives & assessment
Discussion of RMIT behavioural policy & OHS issues
Discussion of module handouts x 3
Discussion for week 2 preparation – group Listing of what is a “fashion product” & reminder to bring in a garment to consider cost factors activity 1.1 Factors which must be taken into consideration when costing garments identified according to OHS practices
1.2 Market forces that affect costing for the fashion industry are identified
2 Students to bring in a garment to consider cost factors activity
Define terminology for costs calculation & production (review and extension)
Cost factor analysis I for individual garments as samples
Discussion of written report and presentation on case studies SWOT analysis 1.2 Market forces that affect costing for the fashion industry are identified
2.1 Costs for fabrics and trims for sample garments and production are estimated
2.2 Similar garments from different price points within the fashion industry are compared and any production differences are identified
2.3 Hidden costs in sample production are identified
3.1 Labour involved in fashion product production is identify
3.2 Labour costs for production of sample and bulk production are calculated
3 Definition of annual production cycle – flow-chart analysed
Tutorial on planning questionnaires for investigations 1.2
3.3 Different methods of utilising labour in the fashion industry are identified and compared
4
Introduction to types of businesses & ways to start
Considered costs for sole owner manufacturer 1.1, 1.2, 2.1, 2.2, 2.3,
2.4 Differences in costs for sample and bulk production garments are explained
3.1, .3.2, 3.3
5 Introduction to types of businesses & ways to start
Considered costs for sole owner manufacturer 1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 3.1, .3.2, 3.3, 4.1
6 What is a cost sheet?
Development of company cost-sheets for manufacturing 1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 3.1, .3.2, 3.3, 4.1,
4.2 Costing sheets are developed to meet fashion industry standards
4.3 Costing sheet is completed for a sample garment
4.4 Costing sheet is used to develop quotation for bulk production
4.5 Quality standards of work and received materials are assessed
7 Students to bring in own examples of sportswear
Cost factor analysis II for individual garments as samples
1.2, 2.1, 2.2,.2.3, 3.1, 3.2
8 Management of cash-flow – issues for consideration
Discussion of Assignment –issue and discussion 1.2, 2.1, 2.2, 2.3
9 PowerPoint Presentations of written report
Written report as case-study to be emailed for assessment (guest speaker report)
Students to take notes on content and style of presentation
1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 3.1, .3.2, 3.3, 4.1

10 Production methods, price points, bulk manufacture, industry standards + QC
Tutorial time Assignment 1.1, 2.1, 2.2, 2.3, 2.4, 3.1, 3.2, 3.3, 4.5
11 Non attendance - In lieu of 24 August 09 GUEST SPEAKER 2, 1 p.m. auditorium Monday
12 Students to bring in sportswear designs
Test costing for a sportswear sample range Considered costs for large-scale manufacturing, locally and offshore 1.2, 2.1, 2.2,.2.3, 3.1, 3.2, .2.4, 3.1,3.2, 3.3, 4.5
13 Considered cost conversions with off-shore currency
Development of cost-sheets for off-shore manufacturing
Budgeting 3.1, 3.2, 3.3, 4.1, 4.2, 4.3, 4.4
14 Garment engineering – 5th scale efficiency exercises 2.1, 2.2, 2.3, 2.4
15 Mock presentation for Sportswear sample range
Students to take notes on content and style of presentation 1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 3.1, .3.2, 3.3, 4.1
16 Bring in all work for final presentation preparation – pre-assessment
17 Final presentation of assignment

Learning Resources

Prescribed Texts

References

Other Resources

Overview of Assessment

A variety of assessment tasks will be undertaken including assignments, written and oral presentations, and questionnaires.

Assessment Method Marks Awarded
Quiz
Written assessment, questions and answers 20%
Written report and presentation on case studies SWOT analysis Written assignment, & oral presentation 30%
Assignment
Written assignment & oral presentation 40%
Holistic costing
Written assignment & oral presentation 10%

Assessment Matrix

Elements Quiz
20% Written report and presentation on case studies SWOT analysis 30% Assignment
40% Holistic costing
10%
1.1 Factors which must be taken into consideration when costing garments identified according to OHS practices Y Y Y Y
1.2 Market forces that affect costing for the fashion industry are identified Y Y Y Y
2.1 Costs for fabrics and trims for sample garments and production are estimated Y Y Y Y
2.3 Hidden costs in sample production are identified Y Y Y Y
2.4 Differences in costs for sample and bulk production garments are explained Y Y Y Y
3.1 Labour involved in fashion product production is identified Y Y Y Y
3.2 Labour costs for production of sample and bulk production are calculated Y Y Y Y
3.3 Different methods of utilising labour in the fashion industry are identified and compared Y Y Y Y
4.1 Components of fashion industry costing sheets are identified Y Y
4.2 Costing sheets are developed to meet fashion industry standards Y Y
4.3 Costing sheet is completed for a sample garment Y Y
4.4 Costing sheet is used to develop quotation for bulk production Y Y
4.5 Quality standards of work and received materials are assessed Y Y Y

Other Information

NB Students should note that this weekly planner is offered in good faith and that suggested activities will be undertaken as planned. However due to the possibility of unforeseen circumstances some activities might of necessity need to be altered – all efforts for advance notice will be made

Course Overview: Access Course Overview