Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
AURAAA4002 Mapping and Delivery Guide
Determine retail rates for work
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | AURAAA4002 - Determine retail rates for work |
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Description | This unit of competency covers the competence to calculate fixed and variable costs to determine retail rates for jobs performed. It also involves calculating the effects of discount on overall profitability.Licensing, legislative, regulatory or certification requirements may apply to this unit in some jurisdictions. Users are advised to check with the relevant regulatory authority. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit is applicable to the administration and repair sectors of the automotive industry. It includes:work undertaken in-housework involving subcontractingcosting of purchased parts for sale. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | Not applicable. Not applicable. | ||
Competency Field | Common |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Determine fixed costs |
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Element: Determine labour rate |
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Element: Determine variable cost |
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Element: Determine retail price of goods for resale |
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