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Zhejiang waxing electromechanical co.LTD.,Factory located in Shandong,Headquarters located in Zhejiang,China.
The price composition of FOB, CFR and CIF is only applicable to sea or inland waterway transportation.In the price composition, it usually includes three aspects: purchase cost, expense and net profit.The accounting of expenses is the most complex, including domestic and foreign expenses.
Domestic expenses are:
1.Processing and finishing expenses;
2.Packing charge;
3.Storage expenses (including warehouse rent, fire insurance, etc.);
4.Domestic transportation expenses (warehouse to wharf);
5.Certificate fees (including commodity inspection fees, notary fees, consular visa fees, certificate of origin fees, permit fees, customs declaration fees, etc.);
6.Loading fee (loading, hoisting fee and barge fee, etc.);
7.Bank charges (discount interest, service charge, etc.);
8.Expected loss (loss, short loss, loss, damage, deterioration, etc.);
9.Postage (charges for telegram, telex, mail, etc.).
Overseas expenses mainly include:
1.Foreign freight (sea freight from port of loading to port of destination);
2.Foreign insurance premium (insurance on carriage of goods by sea);
3.If there is a middleman, there is also a commission paid to the middleman.
The calculation formula is as follows:
FOB price = purchase cost price domestic expense net profit
CFR price = input cost price domestic cost foreign freight net profit CIF price = input cost domestic cost foreign freight foreign insurance premium net profitIn the price composition, it usually includes three aspects: purchase cost, expense and net profit.
Domestic expenses are:
1.Processing and finishing expenses;
2.Packing charge;
3.Storage expenses (including warehouse rent, fire insurance, etc.);
4.Domestic transportation expenses (warehouse to wharf);
5.LCL (if the goods cannot be made into a whole container);
6.Certificate fees (including commodity inspection fees, notary fees, consular visa fees, certificate of origin fees, permit fees, customs declaration fees, etc.);
7.Bank charges (discount interest, service charge, etc.);
8.Expected loss (loss, short loss, loss, damage, deterioration, etc.);
9.Postage (charges for telegram, telex, mail, etc.).
Overseas expenses mainly include:
1.Outward freight (transportation expenses from the inland place of shipment of the exporting country to the foreign destination);
2.Foreign insurance;
3.If there is a middleman, there is also a commission paid to the middleman.
The calculation formula is as follows:
FCA price = purchase cost price domestic expense net profit
CPT price = purchase cost price domestic cost foreign freight net profit
CIP price = purchase cost domestic cost foreign freight foreign insurance net profit
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