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Your company KEAN Co contacted three overseas manufacturers to import haad sanitizers to the US. All sellers are located in Wenzhou, China Seller ABCked the
Your company KEAN Co contacted three overseas manufacturers to import haad sanitizers to the US. All sellers are located in Wenzhou, China Seller ABCked the product price DDP condition $25,000. The Seller XYZ asked the product price FOB condition 9500. Your company wasts to sign a contract based on EXW, New Jersey Calculate each sellers' EXW condition price using the below given information. Which seller's product would you buy based on the EXW Price you just calculated (Provide full problem solving process. Providing only answers would not get points.) Transportation fee from seller's workplace to the first carrier: 51000 Insurance: S1000 Transportation fee from first carrier to the port: S2000 Import Duty: 25% of CIP Container Loading Fee: $ 1500 Freight Expenses from Wenzhou to New Jersey: $10,000 ABC seller EXW Price XYZ seller EXW Price: Which seller's product would you buy based on the EXW Price you just calculated
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