Unit of competency Outline

Date retreived
22/07/2026 6:25 AM AWST

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Prepare production costing estimates

Prepare production costing estimates

Unit of competency
National Code
ICPSUP553
State Code
AUO97
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
26/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080301 - Business Management
Original Release Date
16/09/2015
Nominal Hours
50
Description
This unit describes the skills and knowledge required to cost and estimate production processes.It applies to individuals who perform a broad range of skilled tasks relating to the printing and graphic arts industry, and may also provide leadership and guidance to others in the application and planning of the skills.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify costing estimate requirements
  • 1.1 Labour hours, times and other statistics required are identified and applied in calculations
  • 1.2 Available machine hours are identified and applied in calculations
  • 1.3 Economical batch sizes are identified
  • 1.4 Material requirements are identified and applied in calculations
2. Prepare costing estimates
  • 2.1 Costing estimates are calculated using material, labour and machine costs
  • 2.2 Cost estimate details are calculated
3. Compare estimates with actual costs
  • 3.1 Actual costs are compared with estimates
  • 3.2 Costing basis is adjusted as appropriate
No information
No information
Replaces
State Code National Code Title Type
D3285 ICPSU553C Prepare production costing estimates Unit of competency