Question
Based on the concepts of the INCOTERMS and the activities of the logistics process of importing goods, answer the following exercise: The FGH company is
Based on the concepts of the INCOTERMS and the activities of the logistics process of importing goods, answer the following exercise:
The FGH company is in the process of importing a container that transports furniture from Portugal.
The costs are as follows:
EXW cost of the product: 250 EUR per unit.
Loading maneuvers to truck in warehouse: 150 EUR.
Transport from warehouse to seaport: 500 EUR.
Unloading maneuvers in the seaport: 150 EUR.
Loading maneuvers in seaport: 200 EUR.
Maritime freight Portugal-Mexico: 3,000 EUR.
Maximum coverage insurance for maritime transport: 3% of the value of the merchandise.
Minimum coverage insurance for maritime transport: 1.5% of the value of the merchandise.
Cost for docking from the ship to the pier: 1,200 MXN.
Prevalidation: 244 MXN. Validation: 120 MXN. DTA: 0.8% on the customs value.
Ad Valorem: 15% on the customs value.
Port maneuvers: 5,000 MXN.
Complementary services 800 MXN.
Land freight from the seaport to the warehouse: 10,000 MXN.
Download in warehouse 1,200 MXN.
Exchange rate 16 MXN/EUR.
Units per 40' sea container: 100
2. Determine the unit and total cost, in MXN and in EUR, of the following INCOTERMS:
EXW
FAS
FOB
C.F.R.
CIF
DAT
PDD
3. Determine the value in customs Portugal-Mexico.
4. Identifies the incrementals in relation to the EXW price.
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