Calculate overhead costs to be attributed

Reference no: EM132041779 , Length: word count:1800

Assessment 1:

There are some senarions in this assesment please read first and then give answer.

Part -1:

Performance objective

The candidate will demonstrate the skills and knowledge required to gather information to estimate and calculate costs to repair, maintain or modify a vehicle.

Assessment Description

Using the scenario information supplied, the candidate will clarify the particular service required, obtain and analyse details of the proposed service requirements. Candidate is then required to estimate labour unit cost, obtain and analyse logistic support contracts, supply agreements or equivalent. In doing so candidate will obtain details of any proposed warehousing and physical distribution systems and related cost factors, document and store information ready for retrieval and application.

Scenario

A customer drives a Mitsubishi Lancer 1.6 L Petrol (2002 GLXI) into your workshop and has done 120000Kms. Uses a little water but never/doesn't over heat and runs fine. There a milky oil residue under the oil cap and in the oil dipstick. Your mechanic checks the vehicle and finds that the head gasket is blown.

1. How will you clarify the particular service required to repair the vehicle?

2. How will you obtain and analyse details of the proposed service requirements to estimate and calculate costs to repair the vehicle?

3. How would you calculate the labour unit costs for the required work?

4. How would you obtain and analyse logistic support contracts, supply agreements or equipment?

5. How will you obtain details of any proposed warehousing and physical distribution systems and related cost factors?

6. How will you document and store information ready for retrieval and application?

Part -2:

Performance objective

The candidate will demonstrate the skills and knowledge required to estimate materials and labour to repair, maintain and modify a vehicle

Assessment Description

Using the scenario information supplied, the candidate will Estimate cost of repair time. Candidate is then required to estimate cost of subcontractor work, estimate type and cost of parts and materials according to industry and enterprise pricing standards. In doing so. candidate will document final estimate to repair, maintain and modify a vehicle.

Scenario
A customer has got a BA Ford Falcon and complaints that it makes a squealing noise and steering wheel starts shaking while applying the brakes and also, the brake warning light is ON. You have diagnosed the vehicle braking system and discovered that its front brake pads are worn to excess and it needs to replace them. Also, the front brake discs need to be re machined.

1. How will you estimate the cost of repair time?

2. Calculate the cost of subcontractor work to re machine the brake discs.

3. How will you estimate the type and cost of parts and materials used to repair the braking system of the vehicle?

4. Document the final estimate including cost of repair time, cost of subcontractor work, cost of parts and materials according to industry and enterprise pricing standards.

Part -3:

Performance objective

The candidate will demonstrate the skills and knowledge required to determine and calculate the overhead costs

Assessment Description

Using the scenario information supplied, the candidate will determine components contributing to overhead costs. Candidate is then required to calculate overhead costs to be attributed to the work in accordance with commercial and enterprise procedures.

1. What are the factors contributing to the overhead costs at your workplace?

2. Calculate overhead costs to be attributed to the work in accordance with your workplace policies and procedures.

Part -4:

Performance objective

The candidate will demonstrate the skills and knowledge required to calculate costs, document and verify details to maintain a vehicle.

Assessment Description

Using the scenario information supplied, the candidate will calculate the cost of repair time, labour cost and cost of the subcontractor's work, costs of the parts and materials used. Candidate is then required to calculate total job cost, including overheads and mark-up percentages in accordance with direct with enterprise procedures. In doing so, candidate will calculate total service cost, note potential quotation variations and record cost calculations to maintain a vehicle.

Scenario
A customer drives a Holden commodore V6 3.8 L Petrol (2001 VX) into your workshop and asks for quotation to do the following jobs:

- Transmission service
- Replacement of all four brake discs and brake pads You must provide:

A report of at least 600 words and calculate, document and verify the following details:
- Cost of repair time
- Cost of direct labour
- Cost of subcontractor's work
- Cost of parts and materials
- Total job cost, including overheads and mark-up percentages in accordance with enterprise procedures
- Total service cost
- Potential quotation variations

Assessment 2:

Performance objective

The candidate will demonstrate the skills and knowledge required to calculate costs, document and verify details to modify a vehicle.

Assessment Description
Using the scenario information supplied, the candidate will calculate the cost of modification time, direct labour cost and cost of the subcontractor's work, costs of the parts and materials used. Candidate is then required to calculate total job cost, including overheads and mark-up percentages in accordance with enterprise procedures. In doing so, candidate will calculate total service cost, note potential quotation variations and record cost calculations to modify a vehicle.

Scenario
A customer drives a BA Ford Falcon into your workshop and wants you to fit a turbocharger in his/her car as he/she is not satisfied with the engine performance. You are required to give him/her a quote to do the modification.

You must provide:
A report of at least 600 words and calculate. document and verify the following details:
- Cost of modification time
- Cost of direct labour
- Cost of subcontractor's work
- Cost of parts and materials
- Total job cost, including overheads and mark-up percentages in accordance with enterprise procedures
- Total service cost
- Potential quotation variations

Reference no: EM132041779

Questions Cloud

Calculate company xyzs expected rate of return : Use the information below to calculate company XYZ's expected rate of return, variance, and standard deviation

What was the return on a portfolio that was equally invested : Determine the return on a portfolio that was equally invested in large-company stocks and long-term corporate bonds.

When should this stand be harvested to maximize value : When should this stand be harvested to maximize economic value if the timber, land, and wildlife values are considered?

How many swiss francs can you get for a euro : If you have $100, how many Polish zlotys can you get? Which is worth more, a New Zealand dollar or a Singapore dollar?

Calculate overhead costs to be attributed : Calculate overhead costs to be attributed to the work in accordance with your workplace policies and procedures - Calculate the cost of subcontractor

Calculate the cash flow from cash flow to creditors : For 2015, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.

Calculate the required rate of return on each stock : How do these stocks react to changes in the market? What does this say about their potential diversification benefits?

What must the six-month risk-free rate be in great britain : Suppose interest rate parity holds, and the current risk-free rate in the United States is 3 percent per six months.

What annual nominal compounding rate has this annuity earned : At the end of 5 years, the amount in the annuity is $5723.26. What annual nominal compounding rate has this annuity earned?

User Account

All Pages