_____________ outlined steps for territories becoming a stat…
_____________ outlined steps for territories becoming a state. The territory had to have a population of 60,000. It guaranteed freedom of religion and the right to trial by jury to residents, and prohibited slavery throughout the territory.
Read DetailsQuestions 37 and 38 refer to the text below: Adriana Hofer i…
Questions 37 and 38 refer to the text below: Adriana Hofer is trying to start her own business and would like to import dried mangos to the U.S. She decided to purchase the fresh mangoes from Chile in bulk form, dry and package them in Brazil and ship to the U.S. from the Brazilian port of Santos, in the State of Sao Paulo. Given that: (1) there is a classification/tariff shift for drying and packing the mangoes in Brazil, and that (2) she is incurring the following cost items: FAS Price, at Port of Santos (US$/kg) = 15.00 Ocean transportation (Port of Santos Port of Miami) ($/kg) = 5.00 International Insurance ($/kg) = 0.05 U.S. customs broker s charges ($/kg) = 0.10 First shipment: 0.5 ton (500 kg) She needs your help with the following information needed to fill U.S. Customs forms, so she can figure out if her customs broker is doing a good job. What is the correct country of origin for US customs clearance purposes?
Read DetailsQuestions 38 to 40 refer to the text below: You are a CEO o…
Questions 38 to 40 refer to the text below: You are a CEO of a wastebasket manufacturer and get an offer from a customer willing to purchase 10,000 baskets. You need to decide whether you should focus your production on cylindrical or conical wastebaskets. You then decide to meet with your production, logistics and marketing managers. The production manager notes that production costs would differ because of trim and fitting. For cylindrical wastebaskets, the costs of production would be $10,000 for 10,000 units. For the conical style, they would be $11,500 for the same number of units. Moreover, the cylindrical wastebaskets would weigh 10 pounds each and the conical, 9 pounds each. The logistics manager argues that, firstly, the shipping volume would be different because the conical wastebaskets can be placed inside each other. Shipping volume, measured in cubic feet per 100 cylindrical wastebaskets, would be 200 and for the conical wastebaskets, 150. Secondly, transportation would have two components. To get the packed baskets from the plant to the port is $50 per trip (the truck can carry 1,000 cubic feet per trip). The ocean freight rate on the wastebaskets is $100.00 per ton (1 ton = 2,000 pounds), except that if the liner can get more revenue by considering every 40 cubic feet a ton, the liner will charge that way. The marketing manager points out that the customer, because of the more recent trends and preferences, would be willing to pay $8 for each unit of cylindrical basket but only $6 for the conical basket. Question 38. How much were the transportation costs presented by the logistics manager for shipping the 10,000 units of the cylindrical wastebasket?
Read DetailsBabies R Us has started to import beautiful wooden cribs fro…
Babies R Us has started to import beautiful wooden cribs from Indonesia. The cribs are made of wood and are shipped, unassembled, in boxes. Once clearing Customs in the US, what should be the correct classification to be submitted to CBP?
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