2. Company A exported 20 metric tons of Good X to Japan. The goods were packed in cartons each containing 20 kilograms. The total gross weight of this batch of goods was 22,260 kilograms and the measurement of each carton was 42cmx28cmx25cm. The export price of goods was US $570 per M/T CFR Tokyo. The freight was collected on W/M basis, the basic freight rate was US $ 70 per freight ton, and port surcharges were 20%. Please calculate the unit FOB shanghai price for this exports.
2. Company A exported 20 metric tons of Good X to Japan. The goods were packed in cartons each containing 20 kilograms. The total gross weight of this batch of goods was 22,260 kilograms and the measurement of each carton was 42cmx28cmx25cm. The export price of goods was US $570 per M/T CFR Tokyo. The freight was collected on W/M basis, the basic freight rate was US $ 70 per freight ton, and port surcharges were 20%. Please calculate the unit FOB shanghai price for this exports.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:2. Company A exported 20 metric tons of Good X to Japan. The goods were packed in cartons each
containing 20 kilograms. The total gross weight of this batch of goods was 22,260 kilograms and the
measurement of each carton was 42cmx28cmx25cm. The export price of goods was US $570 per M/T
CFR Tokyo. The freight was collected on W/M basis, the basic freight rate was US $ 70 per freight ton,
and port surcharges were 20%. Please calculate the unit FOB shanghai price for this exports.
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