Course Title: Perform computations
Part B: Course Detail
Teaching Period: Term2 2011
Course Code: MATH5306C
Course Title: Perform computations
School: 350T Fashion & Textiles
Campus: Brunswick Campus
Program: C4219 - Certificate IV in Fashion and Textiles Merchandising
Course Contact : Barbara Kuczuk
Course Contact Phone: 9925 9145
Course Contact Email:barbara.kuczuk@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Effie Wlodarczyk
0417505845
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 unit provides learners with the skills and knowledge to become competent to perform mathematical calculations used in business: margin percentages, mark-up percentages, markdowns, sales/m, sales/m2, stock turnover, stock-sales ratios and averages. Breakeven analysis and an introduction to the merchandise plan will also be covered.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
MEM12024A Perform computations |
Element: |
1. Determine work requirement |
Performance Criteria: |
1.1 Required outcomes are established from job instructions |
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
Teaching Schedule
Date Topic
5 July Revision of basics/ Profit
12 July Mark-up/ Margin
19 July Revision
26 July Quiz 1 (40%)
2 August Markdown/ Performance Indicators
9 August Performance Indicators/ D. Plan & Control
16 August Revision
23 August Quiz 2 (20%)
30 August Cost Volume Analysis/ Break Even
6 September Merchandise Planning (assignment 1 due 15%)
13 September Revision
20 September Quiz 3 (25%)
Term Break Monday 26th September – Friday 7th October 2 weeks
11 October Costing sheet/ definition of terms
18 October Costing Merchandise/ OH&S
25 October Costing – Large Business
1 November Costing – Small business
Assessment Week Monday 7th November – Friday 11th November 1 week
8 November Costing analysis
15th November Costing Assignment
Feedback Week Monday, 14th November – Friday 18th November
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
Assessment tasks undertaken will include assignments and questionnaires.
Assessment Tasks
Three quizzes and one assignment
Quiz 1 (40%)
Quiz 2 (20%)
Quiz 3 (25%)
Assignment (15%)
Assessment Matrix
Course Overview: Access Course Overview