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    Calculate Fob and VDP in The Following Scenarios

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    sidhuna precious
    1) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport + insurance = 1320 FOB and 1670 CIP 2) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport costs of 270 + insurance = 1320 FOB and 1360 CIP 3) Calculate FOB and CIP for a consignment imported by air via Harare airport with costs of 2000 + packing + transport + documentation + airfreight + handling + insurance = 2745 FOB and 2845 CIP

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    Calculate Fob and VDP in The Following Scenarios

    Uploaded by

    sidhuna precious
    104 views2 pages
    1) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport + insurance = 1320 FOB and 1670 CIP 2) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport costs of 270 + insurance = 1320 FOB and 1360 CIP 3) Calculate FOB and CIP for a consignment imported by air via Harare airport with costs of 2000 + packing + transport + documentation + airfreight + handling + insurance = 2745 FOB and 2845 CIP

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    1) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport + insurance = 1320 FOB and 1670 CIP 2) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport costs of 270 + insurance = 1320 FOB and 1360 CIP 3) Calculate FOB and CIP for a consignment imported by air via Harare airport with costs of 2000 + packing + transport + documentation + airfreight + handling + insurance = 2745 FOB and 2845 CIP

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    104 views2 pages

    Calculate Fob and VDP in The Following Scenarios

    Uploaded by

    sidhuna precious
    1) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport + insurance = 1320 FOB and 1670 CIP 2) Calculate FOB and CIP for a consignment imported by road from Johannesburg to Harare with costs of 1000 + packing + loading + documentation + transport costs of 270 + insurance = 1320 FOB and 1360 CIP 3) Calculate FOB and CIP for a consignment imported by air via Harare airport with costs of 2000 + packing + transport + documentation + airfreight + handling + insurance = 2745 FOB and 2845 CIP

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Calculate Fob and VDP in the following scenarios:

    1) A consignment to be imported by road


    Invoice value exw 1000
    packing charge 20
    Forklift loading hire charge 30
    Export documentation 10
    Road transport Johannesburg to Beitbridge 300
    Road transport Beitbridge to Harare 350
    Insurance 40

    2) A consignment to be imported by road


    Invoice value exw 1000
    packing charge 20
    Forklift loading hire charge 30
    Export documentation 10
    Own transport used Johannesburg to Harare
    Cost of fuel used :
    Johannesburg – Beitbridge 150
    Beitbridge – Harare 120
    Insurance 40

    3) A consignment to be imported by via Harare international airport and destined for Bulawayo
    by same aircraft.
    Invoice value Exw Pretoria 2000
    packing charge 25
    Road delivery cost to Tambo Mbeki Airport 35
    Export documentation 10
    Tambo Airport Airline handling fees 20
    Airfreight charges to Harare 600
    Handling charges Harare international Airport 100
    Harare to Bulawayo Airfreight charges 120
    Insurance 40

    4) A consignment to be imported by air via Harare international airport


    Invoice value 2000
    packing charge 20
    Export documentation 10
    Airline handling fees 20
    Airfreight charges to Harare 600
    Total invoice CPT Harare 2650

    However Airwaybill indicates the following charges:


    Airfreight charges to Harare 650
    Airline handling fees 25

    5) Rank wholesalers import fridges from Swaziland via South Africa. The fridges are transported
    by road from Swaziland to Johannesburg and then by rail from Johannesburg to Harare. The
    charges are as follows:
    Invoice value 3000
    packing charge 100
    Export documentation 20
    Road transport Mbabane to Johannesburg 120
    Loading charges onto rail in Johannesburg 60
    Rail charges Johannesburg to Harare 1300
    (Split as follows: JHB – Beitbridge 700 Beitbridge – Harare 600)
    Goods are not insured.

    6) A consignment to be imported by Post


    Invoice value 1500
    packing charge 20
    Export documentation 10
    Postage stamps have fallen of

    7) A consignment to be imported by road through Beitbridge


    Cost of goods CIP Harare 3500
    However transporters charges are as follows:
    (Split: JHB – Beitbridge 700 Beitbridge – Harare 600)

    8) A consignment from Japan to Zimbabwe by sea and road transport


    Invoice value exw USD 7980
    Discount ( 10%) USD 798.00
    Sub-total USD 7182
    Export documentation USD10
    Sea Freight to Durban USD300
    Durban Port charges R350
    Own transport from Durban to Harare
    Insurance USD 140
    Take rate of exchange for Rand to USD to be 0.1344

    9) A consignment from Japan to Zimbabwe by sea and road transport


    Invoice value exw USD 7980
    Cash Discount ( 10%) USD 798.00
    Sub-total USD 7182
    Export documentation USD10
    Sea Freight to Durban USD300
    Durban Port charges R350
    (Split Road transport: DBN – Beitbridge R700 Beitbridge – Harare R600)
    Cost of Insurance = 65
    Take rate of exchange for Rand to USD to be 0.1344

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