Course Title: Calculate cost estimates for fashion products
Part B: Course Detail
Teaching Period: Term1 2009
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
mark.reid@rmit.edu.au
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. 2. Identify costs involved in producing fashion garments 3. Identify and calculate labour costs involved in fashion garment production 4. develop costing sheets to industry standards |
Performance Criteria: |
1.1 Factors which must be taken into consideration when costing garments identified according to OHS practices |
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
o Demonstrate an understanding of variable costs, fixed costs and profit (learning)
o Demonstrate an understanding of the effect of market forces on costing (learning)
o Compare garments from different price points to identify production differences (learning and problem solving)
o Identify the hidden costs in sample production (learning and problem solving)
o Explain why samples and bulk production differ (communication)
o Identify labour used in fashion garment production (problem solving)
o Calculate labour costs for sample and bulk production (problem solving)
o Identify and compare different methods of using labour in the fashion industry (problem solving)
o Identify components required on a costing sheet (problem solving)
o Develop a costing sheet (teamwork, problem solving, initiative and enterprise, planning and organising)
o Complete a costing sheet for a sample garment (problem solving)
o Use a costing sheet to develop quotation for bulk production (problem solving)
o Assess quality standards of work and received materials (problem solving)
o Use a calculator (technology)
o Use self evaluation tools. (learning and self-management)
o Use on-line activities (technology)
Teaching Schedule
| Week Beginning | Session – Topic | Element Performance Criteria |
Assessment Tasks |
| 29 June 09 | Term - Holidays | ||
| 6 July 09 | Term - Holidays | ||
| 13 July 09 | Class warm-up activity as introduction Discussion of lecturer’s background (brief) Discussion of semester’s objectives & assessment Discussion of module handouts x 3 Discussion of RMIT behavioural policy & OHS issues 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 |
|
| 20 July 09 |
Students to bring in a garment to consider cost factors activity Cost factor analysis I for individual garments as samples Define terminology for costs calculation & production (review and extension) 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 |
|
| 27 July 09 | Definition of annual production cycle – flow-chart analysed Tutorial - planning questionnaires for written report |
1.2 3.3 Different methods of utilising labour in the fashion industry are identified and compared |
|
| 3 August 09 GUEST SPEAKER 1 1 p.m. auditorium Monday |
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 |
|
| 10 August 09 |
Non attendance - In lieu of 3 August 09 Monday GUEST SPEAKER 1, 1 p.m. auditorium and also 24 August 09 Monday GUEST SPEAKER 2, 1 p.m. auditorium |
1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 3.1, .3.2, 3.3, 4.1 | |
| 17 August 09 | 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, |
|
| 24 August 09 GUEST SPEAKER 2 1 p.m. auditorium Monday |
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 | |
| 31 August 09 | Management of cash-flow – issues for consideration Discussion of Assignment |
1.2, 2.1, 2.2, 2.3 | |
| 7 September 09 |
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 | POWERPOINT PRESENTATIONS |
| 14 September 09 | Term Holidays | ||
| 21 September 09 | Term Holidays | ||
| 28 September 09 | QUIZ | QUIZ | |
| 5 October 09 | 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 | |
| 12 October 09 | 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 | |
| 19 October 09 | Budgeting Considered cost conversions with off-shore currency Development of cost-sheets for off-shore manufacturing |
3.1, 3.2, 3.3, 4.1, 4.2, 4.3, 4.4 | |
| 26 October 09 | Garment engineering – 5th scale efficiency exercises | 2.1, 2.2, 2.3, 2.4 | |
| 2 November 09 | Bring in all work for final holistic presentation preparation and editing for holistic assessment | ||
| 9 November 09 |
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 |
POWERPOINT PRESENTATION |
| 16 November 09 | HOLISTIC PRESENTATION |
POWERPOINT PRESENTATION | |
| 23 November 09 | Assessment week and maintenance |
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 Tasks
ASSESSMENT METHOD MARKS AWARDED
Quiz Questions and answers 20%
Written report Power Point Presentation 30%
Assignment Power Point Presentation 40%
Holistic Presentation Power Point Presentation 10%
Assessment Matrix
| Performance Criteria | 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 |
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