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Price Calculation Spring Flower Company is to give quote. Export of 2000 cases of canned mushrooms from Nanjing to Shanghai for loading on ship then

Price Calculation

Spring Flower Company is to give quote.

Export of 2000 cases of canned mushrooms from Nanjing to Shanghai for loading on ship then shipping directly to Los Angeles, U.S.A..

The domestic purchase cost of each case of canned mushrooms is 300 RMB, The domestic shipping cost is RMB 8,000 and other costs (including export customs clearance) total RMB 5,000. The total shipping cost from Shanghai to Los Angeles is USD 10,000, the freight insurance is USD 3,000. The port of shipment is Shanghai, and the destination port is Los Angeles.

With an expected profit margin of 10%, please calculate the USD quote per case by Spring Flower Trading Company for FOB,CIF and write complete quote in English. (Exchange rate 1 USD = 6.70 RMB)

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