ESTIMATION AND COSTING
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Follow on Instagram for UpdatesESTIMATION AND COSTING Syllabus — Unit-wise Content
The official GTU curriculum for ESTIMATION AND COSTING (subject code 1363404) as prescribed for Smart Energy · Semester 6 divides the course into 5 units, covering 10 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (1363404)Unit 1 Module 1
- Importance of Estimation 1.1 Estimation – Meaning - Definition
- Aims of Estimation 1.2 Over and Under Estimation- Identification 1.3 Quality of an Estimator 1.4 Source of error in Estimation 3 h
Unit 2 Module 2
- Importance of Costing 2.1 Meaning of costing- definition 2.2 Aims of costing- explanation 2.3 Constituents of estimates: 2.3.1 Design time 2.3.2 Drafting time 2.3.3 Planning and Production 2.3.4 Design and arrangements of special items 2.3.4.1 Experimental work- material 2.3.4.2 Labour – overheads 2.4 Time allowances 2.4.1 Set up time 2.4.2 Operation time 2.4.3 Tear down time 2.4.4 Miscellaneous allowances 4 h
Unit 3 Module 3
- Selling Price of a component 3.1 Elements of cost 3.1.1 Direct material 3.1.2 Indirect materials 3.1.3 Direct labour 3.1.4 Indirect labour 3.1.5 Direct expense 3.1.6 Indirect expense 3.2 Components of cost 3.2.1 Prime cost 3.2.2 Factory cost 3.2.3 Office cost 3.2.4 Total cost 3.2.5 Selling price 3.3 Numerical problems 5 h Diploma Programme in which this course is offered Semester in which offered Mechanical (Manufacturing Technology) Sixth Semester Estimation and costing Course Code : 1363404
Unit 4 Module 4
- Basic machine hour rate 4.1 Factors in finding basic machine hour rate 4.1.1 Capital cost 4.1.2 Depreciation 4.1.3 Interest on capital cost 4.1.4 Energy cost 4.1.5 Space cost 4.1.6 Maintenance and servicing cost 4.1.7 Scrap value 4.2 Numerical calculations 4 h
Unit 5 Module 5
- Cost of component 5.1 Elements of cost – Direct & indirect material and labour expenses 5.2 Prime cost
- Factory cost
- Office cost
- Total cost
- selling price 5.3 Numerical Calculation 4 h
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