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Determine retail rates for automotive products and services

KHU-AUT-0002

Australian Equivalent
AURAAA002
Elements
4
Learning Outcomes
13

This unit describes the performance outcomes required to calculate fixed and variable costs to determine retail labour rates and cost of products and services for sale in automotive service and repair workplaces. It applies to those working in administrative and sales areas of an automotive workplace who are required to calculate costs of products and services to ensure business profitability. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.

Elements & Learning Outcomes

4
E1Determine fixed costs
0002.E1.O1Fixed cost components are identified and classified into categories
0002.E1.O2Past records and business requirements are used to estimate fixed costs for next period
0002.E1.O3Fixed administrative and business operation overhead costs are calculated
0002.E1.O4Proportion of fixed costs to be included in retail rates is determined
E2Determine labour rate
0002.E2.O1Cost components of labour are identified and classified into categories
0002.E2.O2Average charge per hour for each identified category is calculated
0002.E2.O3Cost component of subcontractors used on jobs is determined and included in calculations for relevant jobs
0002.E2.O4Hourly labour rates are calculated according to workplace procedures
E3Determine variable costs
0002.E3.O1Variable costs are identified and calculated using data obtained from accounting records or supplier information
0002.E3.O2Required materials are estimated and recorded
E4Determine retail price of products and services
0002.E4.O1Previous sales figures and trends in turnover volume are reviewed
0002.E4.O2Competitors’ price for similar products or services is researched and reflected in final retail rate
0002.E4.O3Retail prices, margins and mark-ups for each product or service category are finalised according to workplace procedures
SEAL — South East Asia Learning Identifier & Skills Portal · Prepared for MLVT Executive approval and TVET institute review · Derived from the Australian National Training Register (training.gov.au, CC-BY) and aligned to the Cambodian Qualifications Framework and DSC Standard Training Packages · Delivered via Gibble SMS · July 2026