Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Landed Cost calculation **Need help figuring out only #5cost for customer clearances How to quote the customer? Calculate the landed cost for the product (Aveeno

image text in transcribed
Landed Cost calculation **Need help figuring out only #5cost for customer clearances How to quote the customer? Calculate the landed cost for the product (Aveeno Moisturizing Bar) Figure out all cost involved Aveeno 1. Calculate the number of products per container 2. Get a container price to the country's destination 3. Identify the port charges, drayage, stc 4. Identify the Import Duty 5. Cost for custom clearances Landed cost 1+2+3+4+5 ZING BAR Required assignment: Quote your customer by finding the cheapest & the best way to ship your product. Make sure to quote per unit landed cost for both the ocean & air Recommend to your customer the best choice to send the product. Be sure to show all the calculations & the shipping time for both by ocean & air Prepare a proforma invoice to quote the customer Packing list Stating the quantities, packing size & weight Stating the requirements for issuing the letter of credit. le: Stating the bank, shipment date. Example of #1. Calculate the number of products per container 129,600/ units per container x 25 Total 3,240,000 Units Retail Price $3.00 x 3,240,000 units, $9,720,000 Revenue Production Cost $1.00/ unit. Total $ 129.600 x 25 $3,240,000 Ocean freight cost: 50 cents / kg, weight-.127kg, Cost per unit 12.5 cents, Total $16,200lcontainer x 25-$405,000 Duty Fees None Ad valorem Fees. 9% x $3.00 .S27 x 3,240,000 units. $874,800 Customs Duty . 5.8% x $300 $.174 x 3,240,000 Units-$563,760 3,240,000 Ocean Transportation $405,000 Ad Valorem Customs Duty $874,800 $563,76

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

11th Edition

1259277178, 978-1259277177

More Books

Students also viewed these Finance questions