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Please, prepare the cost sheet, based on the following information. Commodity: Icumsa 45 Sugar Quantity: 100,000 MT in bulk Exchange rate: US $1.00 = CAD

  1. Please, prepare the cost sheet, based on the following information.
  2. Commodity: Icumsa 45 Sugar
  3. Quantity: 100,000 MT in bulk
  4. Exchange rate: US $1.00 = CAD $1.25
  5. Cost Ex-warehouse: CAD$25,000,000
  6. Trucking (freight to dock): CAD$500,000
  7. Wharfage and handling: CAD$4 per MT
  8. Finance charge: 2.5%
  9. Profit margin: 7%
  10. Agent's commission: CAD$100,000
  11. Ocean freight: US$5,000,000 for total shipment
  12. Marin insurance: 1% on110% of the C&F value

Please, use the attached cost sheet to make your calculations, show all calculations,

Round your final answer to the nearest dollar amount; then, put the final price to the nearest $5 amount.

Costs

CAD$

Cost

US$

Cost

Notes
Cost [EXW] Ex-warehouse
Trucking (freight to dock)
Cost to Dock
Wharfage and Handling
Cost FAS (beside vessel)
Finance Charge
Profit Margin
Agent's Commission
Price FOB

Convert to US$

(move to new column)

Ocean Freight
Price [CFR] C&F
Marine Insurance
Total [CIF] CIF
Round to the nearest US$
Round to the nearest US$5

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