Activity Name Description or Instruction Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from Japan TOTAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000 RATE OF CUSTOMS DUTY: 10% RATE OF GST: 5% INTERNATIONAL INSURANCE: CDN $2000 INTERNATIONAL FREIGHT: CDN $3000 DOMESTIC INSURANCE: CDN $1000 DOMESTIC FREIGHT: CDN $3000 SELLING COMMISSION: CDN $5000 BUYING COMMISSION: $3000

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

Calculate VCC, VFD, TVFD

Activity Name
Description or Instruction
Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from
Japan
TO TAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000
RATE OF CUSTOMS DUTY: 10%
RATE OF GST: 5%
INTERNATIONAL INSURANCE: CDN $2000
INTERNATIONAL FREIGHT: CDN $3000
DOMESTIC INSURANCE: CDN $1000
DOMESTIC FREIGHT: CDN $3000
SELLING COMMISSION: CDN $5000
BUYING COMMISSION: $3000
Transcribed Image Text:Activity Name Description or Instruction Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from Japan TO TAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000 RATE OF CUSTOMS DUTY: 10% RATE OF GST: 5% INTERNATIONAL INSURANCE: CDN $2000 INTERNATIONAL FREIGHT: CDN $3000 DOMESTIC INSURANCE: CDN $1000 DOMESTIC FREIGHT: CDN $3000 SELLING COMMISSION: CDN $5000 BUYING COMMISSION: $3000
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.