Activity Name Description or Instruction Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from Japan TOTAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000 RATE OF CUSTOMS DUTY: 10% RATE OF GST: 5% INTERNATIONAL INSURANCE: CDN $2000 INTERNATIONAL FREIGHT: CDN $3000 DOMESTIC INSURANCE: CDN $1000 DOMESTIC FREIGHT: CDN $3000 SELLING COMMISSION: CDN $5000 BUYING COMMISSION: $3000

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.2SB
icon
Related questions
Question

Calculate VCC, VFD, TVFD

Activity Name
Description or Instruction
Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from
Japan
TO TAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000
RATE OF CUSTOMS DUTY: 10%
RATE OF GST: 5%
INTERNATIONAL INSURANCE: CDN $2000
INTERNATIONAL FREIGHT: CDN $3000
DOMESTIC INSURANCE: CDN $1000
DOMESTIC FREIGHT: CDN $3000
SELLING COMMISSION: CDN $5000
BUYING COMMISSION: $3000
Transcribed Image Text:Activity Name Description or Instruction Please calculate the VCC, VFD, TVFD for this imported consignment of TV's from Japan TO TAL VALUE OF SHIPMENT, CIF MONTREAL , CDN $100,000 RATE OF CUSTOMS DUTY: 10% RATE OF GST: 5% INTERNATIONAL INSURANCE: CDN $2000 INTERNATIONAL FREIGHT: CDN $3000 DOMESTIC INSURANCE: CDN $1000 DOMESTIC FREIGHT: CDN $3000 SELLING COMMISSION: CDN $5000 BUYING COMMISSION: $3000
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning