Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

MSFFT4010 Mapping and Delivery Guide
Identify and calculate production costs

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency MSFFT4010 - Identify and calculate production costs
Description
Employability Skills
Learning Outcomes and Application This unit of competency covers estimating materials, labour and time requirements, and establishing costs for the provision of products, including all overheads in a significant mass production environment. It may involve referral of matters to other enterprise personnel.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

Assessors must:

hold training and assessment competencies as determined by the National Skills Standards Council (NSSC) or its successors

have vocational competency in the furnishing industry at least to the level being assessed with broad industry knowledge and experience, usually combined with a relevant industry qualification

be familiar with the current skills and knowledge used and have relevant, current experience in the furnishing industry.

Assessment methods must confirm consistency of performance over time rather than a single assessment event and in a range of workplace relevant contexts.

Assessment must be by observation of relevant tasks with questioning on underpinning knowledge and, where applicable, multimedia evidence, supervisor’s reports, projects and work samples.

Assessment is to be conducted on single units of competency or in conjunction with other related units of competency. Foundation skills are integral to competent performance in the unit and should not be assessed separately.

Assessment must occur on the job or in a workplace simulated facility with relevant process, equipment, materials, work instructions and deadlines.

Access is required to all necessary facilities and associated equipment, including calculators, computers and relevant software.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Gather information
  • Details of the particular product and competition products are obtained
  • Details of the proposed production operation are obtained and analysed
  • Labour unit cost projections are obtained and agreed
  • Logistic support contracts, supply agreements or equivalent are obtained and analysed
  • Details of proposed warehousing and physical distribution systems and related cost factors are obtained
  • Information is converted to usable form and stored ready for retrieval and application
       
Element: Estimate materials and labour
  • Types and quantities of materials required for production are estimated and recorded
  • Time requirements for production activities and other lead times are estimated
  • Labour requirements for direct production and handling operations are estimated and recorded
       
Element: Determine and calculate overheads
  • Components contributing to overhead costs are identified
  • Overhead costs to be attributed to work in accordance with commercial and enterprise procedures are identified
       
Element: Calculate production costs
  • Total materials costs and labour costs are calculated in accordance with enterprise procedures
  • Total production cost is calculated, including overheads and mark-up percentages
  • Final cost to customer is calculated in conjunction with marketing/sales personnel
       
Element: Document details and verify, where necessary
  • Details of costs and charges are documented in accordance with enterprise practice
  • Costs, calculations or other details are verified by other enterprise personnel, as required
  • Details are documented for future reference in accordance with enterprise practices
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Gather information

1.1

Details of the particular product and competition products are obtained

1.2

Details of the proposed production operation are obtained and analysed

1.3

Labour unit cost projections are obtained and agreed

1.4

Logistic support contracts, supply agreements or equivalent are obtained and analysed

1.5

Details of proposed warehousing and physical distribution systems and related cost factors are obtained

1.6

Information is converted to usable form and stored ready for retrieval and application

2

Estimate materials and labour

2.1

Types and quantities of materials required for production are estimated and recorded

2.2

Time requirements for production activities and other lead times are estimated

2.3

Labour requirements for direct production and handling operations are estimated and recorded

3

Determine and calculate overheads

3.1

Components contributing to overhead costs are identified

3.2

Overhead costs to be attributed to work in accordance with commercial and enterprise procedures are identified

4

Calculate production costs

4.1

Total materials costs and labour costs are calculated in accordance with enterprise procedures

4.2

Total production cost is calculated, including overheads and mark-up percentages

4.3

Final cost to customer is calculated in conjunction with marketing/sales personnel

5

Document details and verify, where necessary

5.1

Details of costs and charges are documented in accordance with enterprise practice

5.2

Costs, calculations or other details are verified by other enterprise personnel, as required

5.3

Details are documented for future reference in accordance with enterprise practices

Collect, organise and understand information related to multi-trade work instructions and work orders, building and structural plans and safety procedures

Apply safe handling requirements for equipment, products and materials, including use of personal protective equipment

Identify materials used in the work process

Follow work instructions, operating procedures and inspection processes to:

minimise the risk of injury to self or others

prevent damage to goods, equipment and products

maintain required production output and product quality

For a significant mass production operation, determine the production and product costs using the following or equivalent steps:

obtain all information relevant to the determination of costs

interpret plans, specifications and instructions for production and materials to be used

estimate quantities of materials required

determine the types and amount of labour required to complete the work

estimate time required to complete the work

determine/calculate overheads

document the process and outcomes

Use mathematical ideas and techniques to correctly complete measurements, calculate area and estimate material requirements

Communicate ideas and information to enable confirmation of work requirements and specifications and the reporting of work outcomes and problems, interpret basic plans and follow safety procedures

Use workplace technology related to the coordination, including communication equipment, time and management aids and other measuring devices

Avoid backtracking, work flow interruptions or wastage

Work with others and in a team by recognising dependencies and using cooperative approaches to optimise work flow and productivity

Production systems documentation processes

Enterprise costing procedures

Mathematical formulae and processes relevant to costing

Components of labour costs

Enterprise/commercial approach to overhead costs

Enterprise/commercial approaches to warehousing and physical distribution costs

Enterprise information management processes, including storage requirements

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Gather information

1.1

Details of the particular product and competition products are obtained

1.2

Details of the proposed production operation are obtained and analysed

1.3

Labour unit cost projections are obtained and agreed

1.4

Logistic support contracts, supply agreements or equivalent are obtained and analysed

1.5

Details of proposed warehousing and physical distribution systems and related cost factors are obtained

1.6

Information is converted to usable form and stored ready for retrieval and application

2

Estimate materials and labour

2.1

Types and quantities of materials required for production are estimated and recorded

2.2

Time requirements for production activities and other lead times are estimated

2.3

Labour requirements for direct production and handling operations are estimated and recorded

3

Determine and calculate overheads

3.1

Components contributing to overhead costs are identified

3.2

Overhead costs to be attributed to work in accordance with commercial and enterprise procedures are identified

4

Calculate production costs

4.1

Total materials costs and labour costs are calculated in accordance with enterprise procedures

4.2

Total production cost is calculated, including overheads and mark-up percentages

4.3

Final cost to customer is calculated in conjunction with marketing/sales personnel

5

Document details and verify, where necessary

5.1

Details of costs and charges are documented in accordance with enterprise practice

5.2

Costs, calculations or other details are verified by other enterprise personnel, as required

5.3

Details are documented for future reference in accordance with enterprise practices

Specifies different work environments and conditions that may affect performance. Essential operating conditions that may be present (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) are included. Range is restricted to essential operating conditions and any other variables essential to the work environment.

Unit context includes:

work health and safety (WHS) requirements, including legislation, building codes, material safety management systems, hazardous and dangerous goods codes, and local safe operating procedures or equivalent

work is carried out in accordance with legislative obligations, environmental legislation, relevant health regulations, manual handling procedures and organisation insurance requirements

work requires individuals to demonstrate organisational and administrative ability, discretion, judgement and problem solving

work is undertaken in accordance with established procedures involving a range of products, equipment and installation sites

interaction with customers and other personnel from the operator's workplace

Tools, equipment and resources include:

measuring equipment

product sales literature

product samples

Overhead costs include:

rental/lease costs

utilities

non-production resources

depreciation of plant and equipment

warehousing margins

physical distribution unit costs

insurance

other costs incurred by doing business

Personal protective equipment includes:

that prescribed under legislation, regulations and enterprise policies and practices

Information and procedures include:

enterprise production plan and schedule

enterprise financial management policy and procedures

enterprise policy and procedures for cost and apportioning overheads

labour employment costs (awards, enterprise bargaining agreements and contracts)

material/supply costs (contracts, standing agreements, market rates and warehousing margins)

physical distribution contracts or arrangements

Australian, international and enterprise quality standards and procedures

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Details of the particular product and competition products are obtained 
Details of the proposed production operation are obtained and analysed 
Labour unit cost projections are obtained and agreed 
Logistic support contracts, supply agreements or equivalent are obtained and analysed 
Details of proposed warehousing and physical distribution systems and related cost factors are obtained 
Information is converted to usable form and stored ready for retrieval and application 
Types and quantities of materials required for production are estimated and recorded 
Time requirements for production activities and other lead times are estimated 
Labour requirements for direct production and handling operations are estimated and recorded 
Components contributing to overhead costs are identified 
Overhead costs to be attributed to work in accordance with commercial and enterprise procedures are identified 
Total materials costs and labour costs are calculated in accordance with enterprise procedures 
Total production cost is calculated, including overheads and mark-up percentages 
Final cost to customer is calculated in conjunction with marketing/sales personnel 
Details of costs and charges are documented in accordance with enterprise practice 
Costs, calculations or other details are verified by other enterprise personnel, as required 
Details are documented for future reference in accordance with enterprise practices 

Forms

Assessment Cover Sheet

MSFFT4010 - Identify and calculate production costs
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

MSFFT4010 - Identify and calculate production costs

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: