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The S90 cameras of Cannon of Japan are produced in China. Some of the components are imported from Hong Kong and some are sourced locally

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The S90 cameras of Cannon of Japan are produced in China. Some of the components are imported from Hong Kong and some are sourced locally from China where it is assembled. These cameras are sold in the US. - In 2018, production costs per unit in China were as follows: Let us assume that in 2019 the Yuan appreciated 20\% against the dollar. The Hong Kong Dollar remained pegged to the U.S. Dollar a. What are the production costs of the camera in China in 2019, expressed in Yuan? b. If sales price is kept at US\$ 150 in the U.S., what will be the per unit gross profit in the U.S. in US Dollars? Compare this to the gross profit in 2018. Assumptions: All the costs are expressed in local currency, that is, in Yuan in China, imports from Hong Kong have to be paid in HKS. The final product price sold in the U.S. is in US Dollars. Please include all your calculations

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