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Experts please help me to solve this case study . 6:25 PM learn.bcit.ca C TDMT2203 Week 10 Lab Assignment Case study buyer in Calgary, Alberta

Experts please help me to solve this case study .

image text in transcribed 6:25 PM learn.bcit.ca C TDMT2203 Week 10 Lab Assignment Case study buyer in Calgary, Alberta purchased 540 pieces of drill bits from a seller in Tokyo, Japan. The ncoterm for this contract is CIF, Calgary rail terminal (Incoterm 2010). Each drill bit weights 51bs and its package dimension measures 8x8x12". 90 drill bits are packed onto a skid measured 8x40x42" with 2300lbs per skid. An ocean freight consolidator offers land-bridge (Ocean+rail) ervice between Yokohama port and Calgary rail terminal with LCL rate at USD$105 per CBM ith 2 CBM minimum charge. The inland trucking cost is USD$500 to move the cargo from the hipper to the consolidator's terminal. The commercial value of the cargo is USD$200,000. To protect the cargo during the ocean voyage, he shipper incurred USD$3000 to crate the skids. commercial insurance agent provided an insurance premium rate of 0.27% What is the freight cost for this shipment? What is the insurance cost for this shipment? What is the CIF price for this contract

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