
 Rationale:
Rationale: 
                Costing and Estimating is an integral part of any Business. This 
                course teaches a scientific approach towards costing of different 
                printing elements. The student will understand how a precise value 
                of a job can be determined, what factors should be considered 
                while estimation, what is the upper limit on wastage, how indirect 
                costs are to be allotted to different productive departments, 
                etc.
                
              
 
              
                 
                  | Lesson 
                      No 1: Theory.
 
 | Marks | Hours | 
                 
                  | 1.1 |  
                      Outline of British Printing Industries Federation system 
                        of costing.  | 4 | 3 | 
                 
                  | 1.2 | Factors affecting profitability | 3 | 2 | 
                 
                  | 1.3 | Budget centres- cost recovery and service | 4 | 3 | 
                 
                  | 1.4 | Comparison of actual and budget expenses. | 2 | 2 | 
                 
                  | 1.5 | Forecast of life of assets. | 4 | 3 | 
                 
                  | 1.6 | Depreciation and its methods. Cost control system 
                      and cost reduction. | 6 | 4 | 
                 
                  | 1.7 | Hourly cost rate and machine cost rate, allocation 
                      of expenses. | 6 | 4 | 
                 
                  | 1.8 | Type of cost- fixed, variable, unit. | 2 | 1 | 
                 
                  | 1.9 | Comparison between time rate and work rate system | 4 | 3 | 
                 
                  | Lesson 
                      No 2: Forms. Theory.
 
 | Marks | Hours | 
                 
                  | 2.1 |  
                      Statement-summary-of expenses.  | 5 | 2 | 
                 
                  | 2.2 |  
                      Work Instruction Ticket.  | -- | 1 | 
                 
                  | 2.3 | Invoice.  | -- | 1 | 
                 
                  | 2.4 | Cost sheet. | -- | 1 | 
                 
                  | 2.5 | Requisition- paper, ink, binding materials, 
                      etc. | -- | 1 | 
                 
                  | 2.6 | Shift production reports. | -- | 1 | 
                 
                  | 2.7 | Estimate form and delivery and sales report. | -- | 1 | 
                 
                  | Lesson 
                      No 3: Estimating.Theory.
 
 | Marks | Hours | 
                 
                  | 3.1 |  
                      Qualities and tools of estimator, standard press routine 
                        and its advantages.  | 10 | 8 | 
                 
                  | 3.2 |  
                      Estimation of paper-paper size (British & ISO), GSM, 
                        wastage allowance. Weight of web & sheets, calculation 
                        of no. of pagesInk consumption-SPANKS formula.
 Binding material calculation.
 
 |  | 10
 
 
 5
 5
 | 
                 
                  | 3.3 |  
                      Determination of rate for design, DTP, processing, binding 
                        and finishing plate making and printing. | 5 | 5 | 
                 
                  | Lesson 
                      No 4: Legal Aspects. Theory.
 
 | Marks | Hours | 
                 
                  | 4.1 |  
                      Liability, customer’s property, terms, disputes 
                        about cost variation & delayed payments, taxes, variation 
                        in quantity, local organization & rules | 5 | 8 |