Unit of competency Outline

Date retreived
22/07/2026 3:13 PM AWST

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Determine retail rates for automotive products and services

Determine retail rates for automotive products and services

Unit of competency
National Code
AURAAA002
State Code
AXE95
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
14/04/2016
View on TGA
State Implementation and Classification
Approved Date
13/07/2016
Field of Education
010101 - Mathematics
Original Release Date
13/07/2016
Nominal Hours
32
Description
This unit describes the performance outcomes required to calculate fixed and variable costs to determine retail labour rates and cost of products and services for sale in automotive service and repair workplaces.It applies to those working in administrative and sales areas of an automotive workplace who are required to calculate costs of products and services to ensure business profitability.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Determine fixed costs
  • 1.1 Fixed cost components are identified and classified into categories
  • 1.2 Past records and business requirements are used to estimate fixed costs for next period
  • 1.3 Fixed administrative and business operation overhead costs are calculated
  • 1.4 Proportion of fixed costs to be included in retail rates is determined
2. Determine labour rate
  • 2.1 Cost components of labour are identified and classified into categories
  • 2.2 Average charge per hour for each identified category is calculated
  • 2.3 Cost component of subcontractors used on jobs is determined and included in calculations for relevant jobs
  • 2.4 Hourly labour rates are calculated according to workplace procedures
3. Determine variable costs
  • 3.1 Variable costs are identified and calculated using data obtained from accounting records or supplier information
  • 3.2 Required materials are estimated and recorded
4. Determine retail price of products and services
  • 4.1 Previous sales figures and trends in turnover volume are reviewed
  • 4.2 Competitors’ price for similar products or services is researched and reflected in final retail rate
  • 4.3 Retail prices, margins and mark-ups for each product or service category are finalised according to workplace procedures
No information
No information
Replaces
State Code National Code Title Type
WF002 AURAAA4002 Determine retail rates for work Unit of competency