Question

Part IV: Use the following data for price calculation. 4 points for each answer. Write your answers in the blanks (16%). product # 2100 packing 10 pc/CTN dimension 100cmx 100cmx100cm per CTN Exchange rate : USD vs NTD = 1:30 freight minimum quantity in one shipment product cost Profit: 50% USD 5,000 for one 40-foot container 50 CBM NTD 300/pe Quotation: СВМ pcs in one 40-foot container freight for each (one) pe CFR price Answer (1) Answer (2) Answer (3) Answer (4) CBM/CTN /pe USD/pe USD/pc

Answer 1

Answer 1 .Calculation of CBM

CBM = Length (cm) x Width (cm) x Height (cm) / 1,000,000 = (100 x 100 x 100) / 1,000,000 = 1 CBM

Answer 2 .Pieces in 1 40 foot container

As per above calculation 1 container (which contains 10 pcs per container) can be placed in 1 CBM.

Quantity in 1 shipment is 50 CBM.

Hence total pieces = 10 pieces x 50 CBM = 500 pieces

Answer 3 .Freight for each piece

Total Freight = $.5,000

Freight per piece = $.5000 / 500 pieces = $.10 per piece

Answer 4 .CFR Price

Particulars	$	Formula	Index
Unit Product cost in NTD	300	Given	i
Exchange rate	30	Given	ii
Unit Product cost in USD	10	i / ii	iii
Freight	10	Answer 3	iv
Total Cost	20	iii + iv	v
Profit	20	vi-v	vii
Selling Price	40	v/50%	vi