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Evidence Guide: AMPR310 - Cost and price meat products

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

AMPR310 - Cost and price meat products

What evidence can you provide to prove your understanding of each of the following citeria?

Cost product

  1. Calculate cost price of product
Calculate cost price of product

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Price product to achieve business goals

  1. Calculate prices to achieve enterprise sales, stock and profitability targets
Calculate prices to achieve enterprise sales, stock and profitability targets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Cost product

  1. Calculate cost price of product
Calculate cost price of product

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Price product to achieve business goals

  1. Calculate prices to achieve enterprise sales, stock and profitability targets
Calculate prices to achieve enterprise sales, stock and profitability targets

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Cost product

1.1 Calculate cost price of product

2. Price product to achieve business goals

2.1 Calculate prices to achieve enterprise sales, stock and profitability targets

Required Skills and Knowledge

Element

Performance criteria

Elements describe the essential outcomes.

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

1. Cost product

1.1 Calculate cost price of product

2. Price product to achieve business goals

2.1 Calculate prices to achieve enterprise sales, stock and profitability targets

Evidence must demonstrate the candidate's consistency of performance over time.

The candidate must:

alter electronic scales to show correct sales price

apply mathematical skills appropriate to the task

calculate margins required to return gross profit targets

calculate product cost price based on invoice price and cost price based on yield

calculate sale price to achieve required return according to enterprise targets and goals

explain concepts of 'break even point', and 'gross' and 'net profit' margins

apply relevant workplace health and safety , regulatory and workplace requirements

identify overhead cost per kilogram

mark ticket prices to show correct sales price

use communication skills relevant to the task

The candidate must demonstrate a factual, technical, procedural and theoretical knowledge of:

concepts of 'break even point', and 'gross' and 'net profit' margins

reasons for prices calculated to achieve more than or less than gross profit margin

relevant workplace health and safety, regulatory and workplace requirements

elements contributing to the total cost of the product (total cost of purchase, preparing or selling product)

Range Statement