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Cost Assessment Techniques [1]

Paper Code: 
JWT 403
Credits: 
8
Contact Hours: 
120.00
Max. Marks: 
100.00
Objective: 
  • to understand costing process of jewellery design
  • to impart in-depth knowledge of manual & computerized cost estimation of jewellery
40.00
Unit I: 
costing and pricing strategies, objectives & pricing formula
  • costing of a jewellery piece
  • wastage
  • labour cost
  • determination of profit
  • selling prices
  • jewellery purchasing
  • cost of inputs
40.00
Unit II: 
cost-based designing
  • designing a pendant and earring set for a particular cost-price
  • designing a ring for a particular cost-price
  • designing a earring for a particular cost-price
40.00
Unit III: 
costing in MS Excel
  • MS Excel , introduction, spreadsheet, workbooks, saving a file, opening an existing worksheet, rows and columns, cell entries (numbers, labels, formulas)
  • various tools & functions, filling series, functions and its parts, some useful function in excel (SUM, AVERAGE, COUNT, MAX,MIN, IF). data sort, renaming sheet, printing worksheet.
  • costing, insert picture, rate of metal & gem stones, labour, wastage, determination of profit and selling price.
Academic Year: 
2017-2018 [2]

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Source URL: https://www.jewellery.iisuniv.ac.in/courses/subjects/bsc-jewellery-design-technology-27

Links:
[1] https://www.jewellery.iisuniv.ac.in/courses/subjects/bsc-jewellery-design-technology-27
[2] https://www.jewellery.iisuniv.ac.in/academic-year/2017-2018