Course Title: Perform computations

Part B: Course Detail

Teaching Period: Term1 2013

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

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 2. Perform calculations 3. Produce charts and graphs from given information Performance Criteria: 1. Determine work requirement 2. Perform calculations 3. Produce charts and graphs from given information

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

Use the four operations to perform computations involving whole numbers, fractions, decimals and percentages in different contexts (problem solving)
Use appropriate operations, formulae and units (learning and problem solving)
Use ratios (learning and problem solving)
Check answers for accuracy and round off numbers to the required degree of accuracy (learning and problem solving)
Produce graphs selecting appropriate scale and describe the trend (learning)
Research and collect data (planning and organising)
Work in a group to brainstorm and provide feedback on findings (teamwork and initiative and enterprise)
Use a calculator (technology)
Use self evaluation tools. (learning and self-management)
Design appropriate format for workbook (self-management , initiative and enterprise)

Teaching Schedule

WEEK     TOPIC
1               Revision of basics/ Profit
2               Mark-up/ Margin
3               Revision
4               Quiz 1
5               Markdown/ Performance Indicators
6               Performance Indicators/ D. Plan & Control
7               Revision
8               Quiz 2
9               Volume Analysis/ Break Even Merchandise Planning - Assignment due
10             Revision
11             Quiz 3
12             Costing Sheet/ Definition of Terms
13             Costing Merchandise/OH&S
14             Costing - Large Business
15             Costing - Small Business
16             Costing Analysis
17             Costing Assignment Due

Learning Resources

Prescribed Texts

References

Other Resources

Overview of Assessment

Assessment tasks undertaken will include assignments and questionnaires.

Assessment Tasks

Assessment tasks undertaken will include assignments and questionnaires.
Assessment Tasks
QUIZ 1 : 40%
QUIZ 2 : 20%
QUIZ 3 : 25%
Merchandise Planning Assignment : 15%

Assessment Matrix

Course Overview: Access Course Overview