Unit of competency
Modification History
Release 1. Supersedes and is equivalent to:
- MSTFD5009 Cost production of fashion or textile designs.
- LMTTD5009A Cost production of textile designs
Unit code changed and minor change to title. Range of conditions removed. Element removed. Foundation skills information added. Assessment requirements amended. Equivalent outcome.
Application
This unit of competency describes the skills and knowledge required to analyse and calculate production costs of fashion and textile designs to determine the most cost-effective production mechanism.
The unit applies to costing domestic and offshore production options. Work may be conducted in small to large scale workplaces in the textiles, clothing and footwear industry, and may involve individual and team activities.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Pre-requisite Unit
N/A
Unit Sector
Fashion design and technology
Elements and Performance Criteria
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Elements |
Performance Criteria |
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Elements describe the essential outcomes. |
Performance criteria describe the performance needed to demonstrate achievement of the element. |
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1. Prepare to cost fashion or textile design production |
1.1 |
Analyse production requirements to determine necessary scale of production |
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1.2 |
Identify features of different production options in line with target market and product specifications |
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1.3 |
Identify and analyse costs associated with each production option |
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1.4 |
Compare cost benefits and cost negatives of each production option according to legal and ethical requirements |
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1.5 |
Review previous production records and consult required personnel to determine cost efficiency of production options |
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2. Assess influences on production costs |
2.1 |
Determine factors that affect cost of production |
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2.2 |
Identify quality and industry standards for design and production, and assess their implications |
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2.3 |
Analyse production options according to workplace procedures |
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2.4 |
Identify and assess variables that impact on production costs |
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2.5 |
Identify and compare differences between short-run or design production and large scale volume production |
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2.6 |
Review production options in line with additional information and refine most suitable options according to work health and safety requirements |
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3. Develop and analyse costing sheets for production |
3.1 |
Develop costing sheets for selected production options |
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3.2 |
Check calculations and collate data |
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3.3 |
Analyse data from costing sheets to assess most cost-efficient option for production, according to design, quality and ethical requirements |
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3.4 |
Document cost analysis and present to required personnel to review suitability of options |
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3.5 |
Assess options for adjusting variables to modify production costs |
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3.6 |
Finalise cost analysis and complete required documentation |
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Foundation Skills
This section describes those language, literacy, numeracy and employment skills that are essential to performance but not explicit in the performance criteria of this unit of competency.
- Communication skills to use accounting terminology to relay information about costs of production
- Numeracy skills to use accounting formulas and analyse cost trends
Other foundation skills essential to performance are explicit in the performance criteria of this unit.
Unit Mapping Information
Release 1. Supersedes and is equivalent to:
- MSTFD5009 Cost production of fashion or textile designs.
- LMTTD5009A Cost production of textile designs
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=a203ec5c-de7d-406b-b3e1-8f1a9b76e92e
