Don Ramn Genis is the owner of Mas Canet, a manufacturer of products in the food sector. It has located its factories in Martorell and its commercial offices in Barcelona.

The flagship product of this company is the honey that is made in the section "products of the field".

The honey is packaged in jars of 425 grams and is sold in boxes of 12 units, with the unit cost of the packaged product 1.05 Euros.

On the 4th of February, a request was received at the offices of Barcelona from a company from Saudi Arabia for 2000 Honeycomb boxes destinated for Jeddah, managed by the Commercial Agent of Mas Canet in Saudi Arabia.

The Saudi Arabian market is for Mas Canet, an important potential market and there is a high interest on the part of Mr. Genis to penetrate this market, so he will make the offer himself, having available the following data.

Maritime insurance premium: 0.8%

Eur / Usd quote: 1

Congestion Surcharge: 3%

T3 Product: 1.82 Eur x Tn.

Maritime expedition // Conventional cargo

Special marking of the boxes 150 Eur (all boxes together).

Cost of the customs clearance at import : 40 Usd

20% customs tariff

BAF 3% (calculated on Freight)

Unloading at the clients warehouse : 225 Euros

Opening cost Letter of Credit 150 Eur.

Certificate of Origin 20 Eur

Benefit of the operation : 30%

1 JAN JONCKHEERE

THC Jeddah : 150 Usd

CAF 2% (calculated on Freight)

Export packaging : 450 Eur.

New international web design : 1.500 Eur.

Maritime transport freight : 1.100 Usd.

Health Certificate : 50 Eur.

Customs clearance for export : 30 Eur.

Internal VAT : 15%

New English catalog edition : 1.800 Eur.

Quality Certificate : 300 Eur.

Management telephone calls from freight forwarder : 65 Eur. Inland transportation in country of destination: 300 Usd Cost of forwarders documents: 30 Eur.

Commercial agents commission : 7%

THC in Barcelona : 120 Eur.

Interior transport factory Martorell -port Barcelona 250 Eur.