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Cost of goods to e: Price of goods to in Ocean freight insu

Cost of goods to e: Price of goods to in Ocean freight insu

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Assume the following: Cost of goods to exporter Price of goods to importer Ocean freight insurance Loading into truck at mfg Truck to port Unloading at port Port charges Loading on ship Ocean freight Unloading at destination port Loading on truck Carriage to customer Duties and Taxes 6,500 10,500 80 125 500 80 200 125 600 90 60 120 560 If you sell this for 10,500, how much will you make if you quote EXW? FOB (port), ClF (destination port, with buyer paying insurance), DAP (destination port, with seller paying the insurance). Be sure to show your work and submit via BB. Do you own work and do not consult with anyone.
Transcribed Image Text:Assume the following: Cost of goods to exporter Price of goods to importer Ocean freight insurance Loading into truck at mfg Truck to port Unloading at port Port charges Loading on ship Ocean freight Unloading at destination port Loading on truck Carriage to customer Duties and Taxes 6,500 10,500 80 125 500 80 200 125 600 90 60 120 560 If you sell this for 10,500, how much will you make if you quote EXW? FOB (port), ClF (destination port, with buyer paying insurance), DAP (destination port, with seller paying the insurance). Be sure to show your work and submit via BB. Do you own work and do not consult with anyone.
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