An company exports a certain commordity, the total quantity is 10 metric tons, packed in cartons, gross weight is 22 kgs per carton, net weight is 20 kgs per carton, volume is 0.03 cubic meters per...


An company exports a certain commordity, the total quantity is 10 metric<br>tons, packed in cartons, gross weight is 22 kgs per carton, net weight is 20<br>kgs per carton, volume is 0.03 cubic meters per carton. Total domestic cost<br>RMB 1 000 per metric ton and export price USD300 per metric ton CFR<br>Karachi. Ocean freight is calculated on a W/M basis. According to the tariff<br>table, freight from Dalian to Karachi is USD52 per F/T.<br>Rate of foreign exchange: USD1.00=RMB6.50<br>(1) What is the foreign exchange cost of export products<br>(2) What are the Profit and Loss rate of export products ?<br>

Extracted text: An company exports a certain commordity, the total quantity is 10 metric tons, packed in cartons, gross weight is 22 kgs per carton, net weight is 20 kgs per carton, volume is 0.03 cubic meters per carton. Total domestic cost RMB 1 000 per metric ton and export price USD300 per metric ton CFR Karachi. Ocean freight is calculated on a W/M basis. According to the tariff table, freight from Dalian to Karachi is USD52 per F/T. Rate of foreign exchange: USD1.00=RMB6.50 (1) What is the foreign exchange cost of export products (2) What are the Profit and Loss rate of export products ?

Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here