Unit of competency Outline

Date retreived
22/07/2026 7:02 AM AWST

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Calculate production costs

Calculate production costs

Unit of competency
National Code
FWPTMM4212
State Code
OCR33
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
04/12/2020
View on TGA
State Implementation and Classification
Approved Date
07/04/2021
Field of Education
040307 - Building Construction Economics
Original Release Date
07/04/2021
Nominal Hours
80
Description
This unit of competency describes the skills and knowledge required to estimate resource requirements for production of a range of timber products. It includes calculating overarching production costs and determining general supply costs. The unit applies to timber manufacturing and production supervisors in a forest and wood products manufacturing setting, who use their own judgment to deal with predictable and unpredictable problems and decide on solutions to a range of complex problems during the documentation preparation process.The unit does not cover the preparation of individual quotations for customers. No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Gather and analyse information
  • 1.1 Obtain and analyse details of materials, production operations and labour costs from work order
  • 1.2 Source and analyse details of logistic support contracts and supply agreements
  • 1.3 Identify cost factors relating to warehousing and physical distribution systems
  • 1.4 Identify all production cost factors for establishing supply cost
2. Estimate materials and labour
  • 2.1 Estimate and record types and quantities of materials required for production
  • 2.2 Estimate and record lead times and time requirements for production activities
  • 2.3 Estimate and record labour requirements for direct production and handling operations
3. Calculate and document production cost
  • 3.1 Determine production components contributing to overhead costs
  • 3.2 Determine type and percentage of overhead costs to be attributed to production procedures
  • 3.3 Calculate total production cost and apply mark-up
  • 3.4 Determine supply cost in conjunction with marketing and sales personnel
  • 3.5 Document details of calculations and supply cost according to workplace formats
4. Check and document details of production and supply costs
  • 4.1 Check costs and calculations against production requirements
  • 4.2 Report calculation processes and organise checking by relevant personnel for final authorisation
  • 4.3 Complete accurate records of production and supply costs according to workplace procedures
No information
No information
Replaces
State Code National Code Title Type
AXJ62 FWPTMM4202 Diagnose and calculate production costs Unit of competency