Introduction To term 3 Curriculum

• EHS
• Secondary Education
• Age 11

Good Morning

Lesson 1 

Introduction to Term 3 Curriculum 

Applied Logistics

Grade 11 Applied

Lesson Objectives

1. To get an idea on What units to be studied in term 3

2. To know about no. of chapters in each unit .

3. Topics to be learnt in term 3

4. To know about Assessments in term 3 

What topics did you learn in Term 2 Applied Logistics ?

Unit 8 

Road Transport Documentation

Unit 8 , Chapter 1 

Vehicle Costing for road transport

Unit 8 , Chapter 2 

Documentation used in Import and Export of goods

Unit 9 

Organise Meetings

Unit 9 , Chapter 1 

Meeting and Event Arrangements

Unit 9 , Chapter 2 

Documentation For meetings

Assessments 

There will be ONE assessment in this term which has THREE tasks

How many UNITS are there in term 3 ?

1. 1
2. 2
3. 3
4. 4

How many assessments are there in Term 3 ?

What do you mean by Documentation ?

Chapter 1 

Vehicle Costing for road freight transport

Learning Objectives

1. You will learn the meaning of ROAD FREIGHT COSTING

2.  You will learn the meaning of Operating Cost

3. You will learn the meaning of Freight Transport cost

Find the meaning of Freight

1. Road Freight Costing

It is the amount of money that is paid to transport goods from one place to another.

Write the meaning of Operating cost

Meaning of Operation cost

It means money required to run your business. It is also called day-to-day expenses needed for running business.

Think that you are running coffee shop. What are your daily expenses as owner ?

Examples of operating cost

1. selling cost

2. Administrative cost

3. Vehicle cost

4. Maintenance cost

Examples of
Operating cost

Freight Transport Cost

It refers to the amount needed to move freight from one place to another. It is also known as operational cost. 

What did you learn today ?

Part 2 

Lesson 1 

Road Freight Transport Costing

grade 11 

What is operating cost ?

Which are the examples of Operating cost ?

1. Selling cost
2. Administrative cost
3. Daily cost
4. All of the above

Freight means ?

1. Goods
2. Cargo
3. Both
4. None

A company wants to change their office from Dubai to Abu Dhabi. What will the expense for them ?

Road Freight Transport Cost

1. Labour

2. Equipment

3. Fuel

4. Infrastructure

Which are the freight cost you learnt ?

Total cost of any trucks

1. Drivers

2. Overheads

3. Insurance

4. Depreciation

5. Fuel, tyres

Cost of trucks

Good Morning 

Grade 11 Applied Logistics

Topic : Depreciation and Standing Costs

 CB page19

Starter Activity

Learning Objective

1. To understand the meaning of depreciation

2. To learn how to find depreciation

3. To know the meaning of Standing cost

4. To learn about Fixed and Variable cost

What is Freight

1. Cargo
2. Goods
3. Both
4. None

Meaning of Depreciation

It means Reduction in the value of Assets over time due to wear and tear or use of assets.

Depreciation

An example of Depreciation – If a delivery truck is purchased by a company with a cost of Rs. 100,000 and the expected usage of the truck are 5 years, the business might depreciate the asset under depreciation expense as Rs. 20,000 every year for a period of 5 years.

How to calculate ?

For Example – asset is purchased for AED 100,000 and useful life is 10 years with salvage value of AED.10,000 then depreciation is charged at AED 9,000 for each of the 10 years.

Formula for Depreciation

Depreciation Expense = Cost - salvage value/no of years used

Calculate the value of depreciation . Laptop value =25000$, used=10 years, salvage value = 5000$

Section 1.3

STANDING COSTS AND SAMPLE CALCULATIONS

Meaning of Standing Cost

Meaning of Standing Cost

Standing costs are the Fixed costs which do not change when sales increase or decrease. 

Example : Salary 

Fixed costs 

If the truck is not working properly , still certain costs have to be paid . 

1. Vehicle insurance

2. Vehicle Maintenance

 3. Vehicle Fuel , tyres cost

What are Fixed Costs ?

1. Which changes
2. Which do not Change
3. None
4. both

What are Variable Costs ?

Variable costs means costs that changes when sales increase or decrease .

Example :  Delivery costs , Commission

Examples of
Variable Cost

How to Find Transport Fuel Cost 

1. Divide the total distance ( KM ) by 100

2. Multiply the answer by average fuel consumption

3. Multiply this number by the price of the fuel (Litre)

Example

Dubai Logistics is taking goods to Abu Dhabi .

1. Distance to Abu Dhabi = 138 KM *2 ( RETURN TRIP ) 

2. The average Fuel consumption is 7 mpg

3. Current Price of the Fuel is 2.88 AED per Litre 

Please find the Fuel Cost from Dubai to Abu Dhabi 

ACTIVITY

LET US DO NOW ACTIVITY ON LMS

Good Morning

Part 4 

Over head Costs and its types

Learning Objectives

1 . To understand the meaning of Overhead costs.

2. To learn types of Overhead costs

3. To learn how to calculate Overhead cost

Starter Activity

Please open your LMS Special skills class , Go to Unit 8 Chapter 1 

What is Fixed cost ?

1. Which keeps on changing
2. Which does not change
3. Both
4. None

Examples of
Variable cost

Find the meaning of Overhead Costs

What are Overhead costs ?

Overhead costs means ongoing costs in the business but not related to production .

Example : Rent , Telephone bill, Salary 

Types of Business Overhead 

1.  Administrative Overhead

2. Manufacturing Overhead

What are Direct costs ?

What are indirect costs ?

How to calculate Overhead Cost

To calculate the overhead cost , divide Overhead costs by sales and multiply by 100.

Example :  Monthly sales of business = 500,000 AED

Overhead costs = 200,000 AED

Find the percentage of Overheads.

Activity time 

Please open your Course book page 26 and do the activity.

Group Activity

We will now do padlet activity in groups.