FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need answer 3. A seller in South Africa wants to sell 100 pieces of readymade garments to a buyer in India. The cost associated with

image text in transcribed

need answer

3. A seller in South Africa wants to sell 100 pieces of readymade garments to a buyer in India. The cost associated with the transaction are - a. Cost of manufacturing - INR 525 each, b. loading charges - INR 5000 c. Custom duty - 10% of EXW price. d. Inland charges - INR 5000 e. Main carriage charges - INR 25000 Calculate the EXW, FAS, FOB & CIF price of the goods

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_2

Step: 3

blur-text-image_3

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

Auditing

Auditing

Authors: Karla M. Johnstone, Audrey A. Gramling, Larry E. Rittenberg

8th International Edition

0538477660, 978-0538477666

More Books

Students also viewed these Accounting questions

Question

★★★★★
Consider how economic conditions affect the default risk premium. Do you think the default risk premium will likely increase or decrease during this semester? How do you think the yield curve will...

Answered: 1 week ago

Question

★★★★★
Evaluate 0 sin 2 x dx.

Answered: 1 week ago

Question

★★★★★
2. Does your hero develop into someone who is more socially useful? If not, do you think that this sort of character development may add something to your script?

Answered: 1 week ago

Question

★★★★★
On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances: The $30,000 beginning balance of inventory consists of 300 units, each costing $100. During...

Answered: 1 week ago

Question

★★★★★
M9-6 (Algo) Computing Working Capital LO9-5 The balance sheet for Stevenson Corporation reported the following: noncurrent assets, $160,000: total assets, $400,000; noncurrent llabilities, $200,000;...

Answered: 1 week ago

Question

★★★★★
1 For a qualifying relative who is not a parent, to qualify a taxpayer to be head of household, how long must the qualifying person live in the home?

Answered: 1 week ago

Question

★★★★★
1) If Bellevue was using Class B private addresses for internal computers and they had 16 departments where each department had their own subnet, how many computer hosts could be in each department...

Answered: 1 week ago

Question

★★★★★
1-25 Strategic decisions and management accounting. A series of independent situations in which a firm is about to make a strategic decision follow. Decisions: a. Roger Phones is about to decide...

Answered: 1 week ago

Question

★★★★★
If you were faced with an imminent catastrophic attack or security event and you have only the time to secure one thing, what would it be and why? What would come in second?

Answered: 1 week ago

Question

★★★★★
Q4. For each of the three Southern Water Corp. Desalination Plants, they produce desalinated water which is then consumed via private, public or residential usage. These costs are then aggregated at...

Answered: 1 week ago

Question

★★★★★
Question 1: Write a select statement to create the inner join of tables sec1310_table1 and sec1310_table2 . The join condition should say that the first three columns of these tables are equal. ...

Answered: 1 week ago

Question

★★★★★
If the employment application you submit does not have all the blanks filled in, has smudges on it, and has words crossed out, what impression might the prospective employer have about you?...

Answered: 1 week ago

Question

★★★★★
You are considering creating an online rsum for your job search. Research publishing to the Web and answer the following questions. (Objective 4) a. Where will you publish (or post) your rsum? b. Is...

Answered: 1 week ago

Question

★★★★★
Technology. Convert the rsum you developed in Application Exercise 13 to a scannable rsum using keywords throughout. E-mail a copy to your instructor. (Objective 4)

Answered: 1 week ago

Previous Question Next Question