Can you please help me answer question number 7? These lecture slide may help you out

ATV _ Group Project (2) Q Search in Document Home Insert Design Layout References Mailings Review View "+ Share ~ Calibri 11 A AV AV A AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe Aa BbCcDdEe AaBbCcDdEe Paste B I U abe X2 X2 A & . A . Normal No Spacing Heading 4 Subtle Emph Emphasis Intense Emp... Styles Pane CUSMA Exercise Group Number: Your company manufactures an "All-Terrain Vehicle" (A.T.V.). You have been given the task of deciding whether your A.T.V. qualifies for CUSMA. By examining the Finished Good, the bill of materials and the details of the materials, answer the following questions and/or instructions. Additional Information (All amounts in CAD$): Factory Overhead: $200.00 Labour: $200.00 Selling Price $6,000.00 1. Using Excel - Make a list of Materials. E.g.: Description HS Code Quantity Unit Cost Total Value COC Material 1 Auto Part 8702.11 2 100 $20 China 2. Calculate Net Cost 3. Calculate the Regional Value Content for your A.T.V. Specify whether the good qualifies and why. (Show all formulas and numbers.) 4. If it does not qualify, can you make use of D-Minimis Rule under CUSMA? 5. Which non originating will you use to apply D-Minimis Rule. 6. Make calculations of D-Minimis and new RVC Calculations to prove that the ATV qualifies. 7. Did you use Tariff Change or Regional Value content to make the good qualify? Explain. Page 1 of 1 170 words X English (Canada) + 131%PowerPoint File Edit View Insert Format t Arrange Tools Slide Show Window Help 75% Sat 12:21 AM St Q E Week5 Criteria B _ D Minimus Rule and C Q Search in Presentation Home Insert Design Transitions Animations Slide Show Review View "+ Share ~ Layout 21 .2 - A - A- A = = Shape Fill Reset Paste New + Section B I U abe X2 X2 AV Aa A = = = 1A. . Convert to Picture Shapes Text Arrange Quick Shape Outline Slide SmartArt Box Styles CUSMA RULES CRITERIA B & C TARIFF SHIFT 2 2 W REGIONAL VALUE CRITERIA A CONTENT more of the CUSHA esurerat Non CUSMA As a Result of The Material Material loses its undergoes a Significant original CRITERIA B change in Tariff Transformation commercial for the product is brad in CUSMA homes to thes Classification identity and original Tariff Classification becoming part TARISE SHIFT of a new ESSONAL VALUE product 5 TARIFF SHIFT EXAMPLE 6 E TARIFF SHIFT Slide 4 of 27 English (United States) Notes Comments + 96% OILUE ZU UI 04 NULES CUITITTIETIES 900 OCT 17 tv 4 1 1 W P IG 2 ... X iilliPowerPoint File Edit View Insert Format t Arrange Tools Slide Show Window Help 75% Sat 12:21 AM St Q E Week5 Criteria B _ D Minimus Rule and C Q Search in Presentation Home Insert Design Transitions Animations Slide Show Review View "+ Share ~ Layout Shape Fill Reset 21 .2 - A- A- A = . = Paste New +Section B I U abe X2 X2 AV Aa A = = = 14 0. Convert to Picture Shapes Text Arrange Quick Slide SmartArt Shape Outline Box Styles 5 TARIFF SHIFT EXAMPLE REGIONAL VALUE CONTENT 6 TARIFF SHIFT TRANSACTION VALUE NET COST RVC = TV - VALUE OF NON ORIGINATING MATERIALS X 100 . RVC = NC - VALUE OF NON ORIGINATING MATERIALS X 100 TV NC The transaction value is determined by ascertaining the price paid or Factory Overhead payable for the goods when the Labour REGIONAL VALUE CONTENT goods are sold for export to Canada Transaction Value Net Cost to a purchaser in Canada. Selling Price REGIONAL VALUE CONTENT TRANSACTION VALUE NET COST TV Slide 9 of 27 English (United States) Notes Comments + 96% OILUE ZU UI 04 NutES 900 OCT 17 tv 1 1 W P 2 ... X iifiiPowerPoint File Edit View Insert Format t Arrange Tools Slide Show Window Help 75% Sat 12:21 AM St Q E Week5 Criteria B _ D Minimus Rule and C Q Search in Presentation Home Insert Design Transitions Animations Slide Show Review View "+ Share ~ Layout 21 .2 - A- A- A = = Shape Fill Reset Paste New Convert to Picture Shapes Text Arrange Quick Shape Outline Slide Section B I U abe X2 X2 AV. Aa A = = = 1A. 0. SmartArt Box Styles 10 CUTTING MACHINE CUSMA 11 De Minimis: Tariff Change 1538 36 Each Party Shall provide that a good is an originating good if the value of all non- 12 originating materials used in the production of the good that do not undergo an applicable change in tariff classification set out in Annex 4-B (Product- Specific Rules of Origin) is not more than 10 percent 13 TRANSACTION VALUE 14 CUSMA -De Mimining Tariff Charge Slide 14 of 27 English (United States) Notes Comments + 96% OILUE ZU UI 04 NutES 900 OCT 17 tv 1 1 W P 2 ... X iilliPowerPoint File Edit View Insert Format t Arrange Tools Slide Show Window Help 75% Sat 12:21 AM St Q E Week5 Criteria B _ D Minimus Rule and C Q Search in Presentation Home Insert Design Transitions Animations Slide Show Review View "+ Share ~ Layout Shape Fill Reset 21 .2 - A- A- A = = Paste New Convert to Picture Shapes Text Arrange Slide Section B I U abe X2 X2 AV. Ad A = = = 1A. 0. Quick SmartArt Shape Outline Box Styles 15 1 CUSMA CUSMA Does Watch Quality for CUSH 16 De Minimis - RVC If the goods must meet a regional value content requirement to qualify as originating, the value of such non-originating materials 17 NAFTA BUT WAIT!! must be taken into account in calculating the regional value content. watch Band Does not cranes chapter as required by Annex es. Where the rule of origin contains a requirement for a minimum regional value content, the calculation of that content is waived if 18 CUSMA UT WAIT!!!!! Try de minimalsite the value of all non-originating materials used in the production of the goods is not more than the specified de minimis amount. (10%) Mmm He X 100 = 36 79 CUSMA Slide 19 of 27 English (United States) Notes Comments + 96% OHluE ZU UI 04 NuLES CUITITTIETES 900 OCT 17 tv 1 1 W P 2 ... X iilli