Course Title: Prepare production costing estimates

Part A: Course Overview

Program: C5186

Course Title: Prepare production costing estimates

Portfolio: DSC

Credit Points: 0

Nominal Hours: 50.0

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.

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM6141C

Brunswick Campus

TAFE

320T Design (TAFE)

Face-to-Face or Internet or Workplace

Term1 2009

Course Contact: Garry Amy

Course Contact Phone: +61 3 9925 9444

Course Contact Email: frank.sparkes@rmit.edu.au


Course Description

This unit describes the performance outcomes, skills and knowledge required to cost and estimate production processes


Pre-requisite Courses and Assumed Knowledge and Capabilities

Basic knowledge of the printing industry



National Competency Codes and Titles

National Element Code & Title:

ICPSU553A Prepare production costing estimates

Elements:

1. Identify costing estimate requirements
2. Prepare costing estimates
3. Compare estimates with actual costs


Learning Outcomes

1. Identify costing estimate requirements
1.1 Labour hours, times and other statistics required are identified and applied in calculations
1.2 Available machine hours are identified and applied in calculations
1.3 Economic batch sizes are identified
1.4 Material requirements are identified and applied in calculations
2. Prepare costing estimates
2.1 Costing estimates are calculated using material, labour and machine costs
2.2 Cost estimate details are calculated
3. Compare estimates with actual costs
3.1 Actual costs are compared with estimates
3.2 Costing basis is adjusted as appropriate


Overview of Assessment

The student will do an hourly cost rate estimate and several production cost estimates which will involve all aspects of production in the printing industry as well as questioning throughout the subject. The estimates will be calculated by the student working on their own. Assessment will be done collectively in class or individually.