Unit of competency Outline

Date retreived
23/07/2026 5:40 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Calculate cost estimates for fashion products

Calculate cost estimates for fashion products

Unit of competency
National Code
MSTFD4004
State Code
BAW91
TGA Status
Replaced
DTWD Status
Transition (Replaced)
Current Release Number
1.00
Current Release Date
04/07/2016
View on TGA
State Implementation and Classification
Approved Date
01/12/2016
Field of Education
080501 - Sales
Original Release Date
01/12/2016
Nominal Hours
20
Description
This unit of competency covers the skills and knowledge required to calculate cost estimates for fashion products.The unit of competency applies to cost estimating for products developed for the fashion industry, including sample production.Work may be conducted in small to large scale enterprises and may involve individual and team activities.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Determine job requirements
  • 1.1 Follow standard operating procedures (SOPs)
  • 1.2 Comply with work health and safety (WHS) requirements at all times
  • 1.3 Use appropriate personal protective equipment (PPE) in accordance with SOPs
  • 1.4 Determine job requirements from specifications, job sheets or work instructions
2 Prepare to calculate cost estimates
  • 2.1 Identify factors and market forces to consider when costing fashion products
  • 2.2 Identify hidden costs in sample production
  • 2.3 Identify and compare different methods of utilising labour in the fashion industry
  • 2.4 Identify differences in costs for sample and bulk production garments
3 Calculate costs involved in producing fashion products
  • 3.1 Compare fabric and trim of similar garments from different price points within fashion industry and identify any production differences
  • 3.2 Estimate costs of selected fabric and trims for sample garments and bulk production
  • 3.3 Consider quality standards and desired garment finish to determine labour source
  • 3.4 Calculate labour costs to produce sample garment and for bulk production
  • 3.5 Review and adjust chosen fabric, trims and labour, if necessary, and calculate revised costs
4 Develop costing sheets to industry standards
  • 4.1 Identify components of costing sheets to meet fashion industry standards
  • 4.2 Complete a costing sheet for a sample garment
  • 4.3 Develop a quotation for bulk production
No information
No information
Replaces
State Code National Code Title Type
W7223 LMTFD4004B Calculate cost estimates for fashion products Unit of competency
Replaced By
State Code National Code Title Type
OBA26 MSTFD4023 Calculate cost estimates for TCF products Unit of competency