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?

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?

Which document is prepared by the carrier?

Describe what the people on the ship ate on the journey?

Air carriers that move passengers and freight simultaneously, generally carrying the freight in the belly of the aircraft are called:

Which term of payment from the list below is used when a seller does not have funds and needs financial support from the buyer in order to cover all production expenses to meet the order?

Which Incoterm specifies which party pays for the costs of inspecting the goods?

What happens if CBP determines that a given importer of record has practiced product dumping?

Complete the table for the equation.x + 4y = 12 x y 4 0 -4

How much were the sum of production and transportation costs presented by the logistics manager for shipping the 10,000 units of the conical wastebasket?