ASSIGNMENT

ESTIMATING COSTING &

CONTRACTING
(3351905)

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 ASSIGNMENT- I

1. Explain main purpose of estimating and explain functions of an

estimator.
2. Explain importance of cost estimating.
3. Write difference between estimating and costing
4. Give importance of contracting and define contracting.
5. Explain various elements of cost
6. Explain overhead allocation and explain any one method of
overhead allocation
7. Draw selling price and catalogue price diagram
8. Explain depreciation and obsolence.
9. A tv producing company is daily producing 100 tv sets. Find the
profit per tv set from the following information.
 Direct material cost=RS 250000
 Direct labour cost=RS 150000
 Factory overhead = 50 % of direct labour cost
 Admin overhead = 20% of factory cost
 Sales overheads = 30% of process
 Selling price of tv sets = RS 8500.

DATE OF SUBMISSION: 15/9/2022

M-1
 ASSIGNMENT- II

1. State the procedure for estimating gas cutting cost

2. State the procedure for estimating arc welding cost
3. State factoRs affecting gas cutting and arc welding.
4. A channel is to be produced from 3 ms plates by gas welding
.sizes of plates to be used are as follows :
 2000x50x4mm- 2 plates
 2000x60x4mm-1 plates
Calculate welding cost using following informations.

 Consumption of o2 = 0.21 m3/hr

 Consumption of c2h2=0.14 m3/hr
 Diameter of filler rod=4mm
 Filler rod consumption = 4m/m of weld
 Cost of oxygen = Rs10/m3
 Cost of acetylene= Rs 25/m3
 Density of filler metal= 7gm/cc
 Welding speed= 3m/hr

DATE OF SUBMISSION: 22/9/2022

M-1
 ASSIGNMENT- III

1. Explain different forging operation.

2. Define following.
 Net weight
 Shape weight
 Gross weight
 Tong loss
 Scale loss
 Shear loss
 Flash loss
3. Define pattern. State and explain various types of pattern
allowances.
4. 240 Ms pins of 6 cm diameter and 12 cm length are to
be produced by drop forging from 9 cm diameter bar
stock.
5. The cost of bar stock is Rs 180/estimate the material cost of pins
.assume all necessary losses.
6. Find cost of ci pulley 1000cm3volume use following data :
 Cost of metal= Rs25/kg
 Wages of moulder= Rs 150/day
 Overhead charges = 10% material cost
 Melting charges = 15 % of material cost
 No’s of moulds prepared =30/day/moulder
 Density of costing= 7.2 gm./cm3

DATE OF SUBMISSION: 29/9/2022

M-1
 ASSIGNMENT- IV

1. Define break even point.derive expression for bep analytically.

Show break even chart for bep
2. Give procedure of breakeven chart.
3. The fixed cost of an industry is Rs 75000 the variable cost of
each product is Rs 700. If the break even number is 750. Find
the selling price of each product. What will be profit if industry
produces 1200 products.
4. The financial details of manufacturing organization is as under:
 Total sales = 80 lac
 Variable cost = Rs 55 lac
 Fixed cost = Rs 10 lac
 Net profit = Rs 15 lac
 Quantity produced = 50000 units
Calculate break even quantity.

DATE OF SUBMISSION: 06/9/2022

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 ASSIGNMENT- V

1. Explain approach and runs with respect to milling operation

2. State the steps of calculating shaping operation time
3. Explain the factors associated with machine shop.
4. The thickness of cast iron block 10x3 cm is to be reduced in 2
cuts from 1.8cm to 1.3cm.if cutting speed is 20m/min
andfeed
0.2 mm/stroke and cutting time is 3/5 of total time,
then calculate shaping time.
5. Estimate the time required to drill 4 holes of 1 cm diameter
in plate hole depth is 2cm, cutting speed is 15 m/min and
feed is 0.01cm/rev.

DATE OF SUBMISSION: 13/10/2022

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 ASSIGNMENT- VI

1. Explain an importance of estimating process cost

2. Write procedure of estimating cost of power produced by
diesel generating set.
3. State the cost elements of an ice plant
4. A diesel power plant has a capacity of 1800kw .its pick load
and load factors are 1700kw and 85 % respectively. Estimate
power generation cost of this plant.
5. A thermal power plant produces 80mw to satisfy maximum
demand .load factor of plant is 40 % estimate power cost
per unit for power produced by this plant, operating cost Rs
1.94/kwh.

DATE OF SUBMISSION: 20/10/2022

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