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please help me with this! I am really struggling! I will give the biggest thumbs up! thanks so much Chickens Unlimited (Pty) Ltd., situated in

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please help me with this! I am really struggling! I will give the biggest thumbs up! thanks so much

Chickens Unlimited (Pty) Ltd., situated in Worcester, received an enquiry from a distributor, Kien-Xuong Trading Co. Ltd. in Hong Kong, requesting a CIP Hong Kong quotation in US dollars for two x 20ft/6m insulated container loads of fresh eggs for shipment in October 2021. The eggs are brushed with vegetable oil to keep them fresh and are packed in quantities of 30 dozen per specially designed carton, measuring L565mm x W290mm x H305mm and weighing 21kg inclusive of eggs. To cater for the modern conveyor handling system of this potential Hong Kong buyer, the cartons are not palletised but packed lose in rows of 4 (width) x 19 (length) x 7 (heigh) per container. The ex-works price, including packing, is R12.50 per dozen eggs and the PPECB (eggs are perishable) charges 15 cents per kg for inspection at source. The product is subject to a health certificate and the cost of R225.00 for obtaining it is directly incurred by the company. Payment is to be made based on an irrevocable documentary credit, 90 days from invoice date and credit insurance cover for the invoice value at a premium of 1,85%. A commission of 4% of the FCA value will be due to the overseas agent while financing is available at the bank's prime interest rate of 15,5% per annum. Charges for delivery of the empty containers and collection of the full containers including transport to the Cape Town terminal have been quoted at R980.00 per container with export cargo dues and the terminal handling charge at R892.00 and R855.00 per container respectively. Freight quoted per container is USD 1320.00 + 23,6% BAF and the freight forwarder charges a documentation fee of R600.00, an agency handling fee of 5,25% of disbursements, EDI fee of R85.00 and SOLAS amounting to R480.00 per container. Other charges to be incurred by the freight forwarder on comprise a bill of lading issue fee at USD35.00 and a carrier release Ifee of R280.00 The marine insurance premium for this shipment under your company's open policy will be 5,25% of (CIP + 10%). 1. Task By using the information provided above, complete a costing to prepare a detailed CIP Hong Kong costing for this shipment of fresh eggs by presenting separately: All the calculations necessary to arrive at a total CIP, Hong Kong price of the fresh eggs in ZAR. The calculation of the agency fee of 5,25% of disbursements includes: Disbursements are delivery collection of containers, terminal handling charge (THC), export cargo dues, bill of lading issue fee, carrier release fee, SOLAS fee, EDI fee and freight charges + BAF. I A complete costing sheet showing the 3 sets of percentages used at the bottom. The CIP Hong Kong price in US dollars for one carton of fresh eggs. Chickens Unlimited (Pty) Ltd., situated in Worcester, received an enquiry from a distributor, Kien-Xuong Trading Co. Ltd. in Hong Kong, requesting a CIP Hong Kong quotation in US dollars for two x 20ft/6m insulated container loads of fresh eggs for shipment in October 2021. The eggs are brushed with vegetable oil to keep them fresh and are packed in quantities of 30 dozen per specially designed carton, measuring L565mm x W290mm x H305mm and weighing 21kg inclusive of eggs. To cater for the modern conveyor handling system of this potential Hong Kong buyer, the cartons are not palletised but packed lose in rows of 4 (width) x 19 (length) x 7 (heigh) per container. The ex-works price, including packing, is R12.50 per dozen eggs and the PPECB (eggs are perishable) charges 15 cents per kg for inspection at source. The product is subject to a health certificate and the cost of R225.00 for obtaining it is directly incurred by the company. Payment is to be made based on an irrevocable documentary credit, 90 days from invoice date and credit insurance cover for the invoice value at a premium of 1,85%. A commission of 4% of the FCA value will be due to the overseas agent while financing is available at the bank's prime interest rate of 15,5% per annum. Charges for delivery of the empty containers and collection of the full containers including transport to the Cape Town terminal have been quoted at R980.00 per container with export cargo dues and the terminal handling charge at R892.00 and R855.00 per container respectively. Freight quoted per container is USD 1320.00 + 23,6% BAF and the freight forwarder charges a documentation fee of R600.00, an agency handling fee of 5,25% of disbursements, EDI fee of R85.00 and SOLAS amounting to R480.00 per container. Other charges to be incurred by the freight forwarder on comprise a bill of lading issue fee at USD35.00 and a carrier release Ifee of R280.00 The marine insurance premium for this shipment under your company's open policy will be 5,25% of (CIP + 10%). 1. Task By using the information provided above, complete a costing to prepare a detailed CIP Hong Kong costing for this shipment of fresh eggs by presenting separately: All the calculations necessary to arrive at a total CIP, Hong Kong price of the fresh eggs in ZAR. The calculation of the agency fee of 5,25% of disbursements includes: Disbursements are delivery collection of containers, terminal handling charge (THC), export cargo dues, bill of lading issue fee, carrier release fee, SOLAS fee, EDI fee and freight charges + BAF. I A complete costing sheet showing the 3 sets of percentages used at the bottom. The CIP Hong Kong price in US dollars for one carton of fresh eggs

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