What value needs to be invoiced to the customer in the bottom line of the commercial invoice of the following shipment? Shipper: Ontario Mountain Equipment Coop, 1234 King St W, Toronto M5T 2S1 Consignee: Burbury Clothing PLC, Thames River Rd., Feltham, Middlesex., TW2 9DG, UK Commodity: 200 Cartons of Rolled Gortex The net weight of each roll is 10 kg The gross weight of each carton is 12 kg The dimensions off each carton are 100 cm x 30 cm x 30 cm The value of the goods is CAD $350.00/ carton The HS Code is 9366.66.92.00 Packaging Marks: Burberry, Feltham Terms of Trade: CPT Burberry, Feltham, UK (Incoterms 2010) Transportation booked on Air Canada AC 1234 on December 16th, 2019 Selling airfreight rate $2.00/kg, pre-carriage by truck @ CAD $350.00 CAD $72,750.00 CAD $73,000.00 CAD $73,350.00 CAD $70,000.00
What value needs to be invoiced to the customer in the bottom line of the commercial invoice of the following shipment? Shipper: Ontario Mountain Equipment Coop, 1234 King St W, Toronto M5T 2S1 Consignee: Burbury Clothing PLC, Thames River Rd., Feltham, Middlesex., TW2 9DG, UK Commodity: 200 Cartons of Rolled Gortex The net weight of each roll is 10 kg The gross weight of each carton is 12 kg The dimensions off each carton are 100 cm x 30 cm x 30 cm The value of the goods is CAD $350.00/ carton The HS Code is 9366.66.92.00 Packaging Marks: Burberry, Feltham Terms of Trade: CPT Burberry, Feltham, UK (Incoterms 2010) Transportation booked on Air Canada AC 1234 on December 16th, 2019 Selling airfreight rate $2.00/kg, pre-carriage by truck @ CAD $350.00 CAD $72,750.00 CAD $73,000.00 CAD $73,350.00 CAD $70,000.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:What value needs to be invoiced to the customer in the bottom line of the
commercial invoice of the following shipment?
Shipper: Ontario Mountain Equipment Coop, 1234 King St W, Toronto M5T 2S1
Consignee: Burbury Clothing PLC, Thames River Rd., Feltham, Middlesex., TW2
9DG, UK
Commodity: 200 Cartons of Rolled Gortex
The net weight of each roll is 10 kg
The gross weight of each carton is 12 kg
The dimensions off each carton are 100 cm x 30 cm x 30 cm
The value of the goods is CAD $350.00/ carton
The HS Code is 9366.66.92.00
Packaging Marks: Burberry, Feltham
Terms of Trade: CPT Burberry, Feltham, UK (Incoterms® 2010)
Transportation booked on Air Canada AC 1234 on December 16th, 2019
Selling airfreight rate $2.00/kg, pre-carriage by truck @ CAD $350.00
CAD $72,750.00
CAD $73,000.00
CAD $73,350.00
CAD $70,000.00
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