Export Costing Worksheet 1.

Calculating an Exworks Transaction

Product cost Material Labour Plant overhead Administration Financing costs Domestic duties Total cost of production $ $ $ $ $ $ $

Foreign Marketing Travel accommodations Promotion Communications Translation Professional fees Agency market costs Total marketing costs

$ $ $ $ $ $ $

Preparation for shipping Labeling Packaging Packing Marking, etc. Total shipping preparation costs *Total Cost Ex Works of Product

$ $ $ $ $ 0.00 -

International Financing Costs of instruments Export credit insurance Discount on receivables Currency conversion fees Loan interest costs Total international financing Profit mark up QUOTE EX WORKS PRICE AT

$ $ $ $ $ $ +$ $

2. Calculating a FOB Transaction

*Total Cost ExWorks of Product Domestic Freight Documentation Factory loading charges Transportation to port Unloading at port Storage Port costs Ship loading charges +++Freight forwarding fees Total domestic freight Freight mark up QUOTE FOB PRICE AT $ -

$ $ $ $ $ $ $ $ 0.00 $ -

3. Calculating a CIF Transaction

**Total Cost FOB of Product International Freight International freight (including surcharges) Shipping insurance coverage (usually
110% of value)

$ $ 0 $ -

Total International freight QUOTE CIF PRICE AT

4. Calculating a DDP Transaction

***Total Cost CIF of Product Customs Unloading at receiving port Foreign duties Customs Brokerage fees Storage Total landing/clearing costs $ -

$ $ $ $ $

Inland Freight

Loading charges Transportation Unloading at destination terminal Total inland freight Inland freight markup Discount on receivables (-$) QUOTE DDP PRICE AT

$ $ $ 0

A Guide to Export Costing

Category Detailed items Market & promotion agents and distributors fees advertising travel communications trade fairs and exhibitions Production unit cost of manufacture Preparation production modification labelling packaging packing Documentation marking inspection certification preparation of documents cargo insurance Transportation freight forwarder's fees lading and related charges carriage Customs warehousing and storage customs and other duties at port of entry customs brokerage fees Financing Costs of financing documentation Interest charges exchange rate fluctuations export credit insurance Costs $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Timing

Totals -

$ $

Cost, Insurance, Freight

Date Customer Address Product Ref. #

Grand Total (CIF) Convert to Canadian Currency

$ $

Cost & Freight Calculations Item 1 Cost of unit before profit 2 Profit at 10% 3 Overseas agent's commission at 7.5% 4 Export packing 5 Labelling cost 6 Stencil marking cost 7 Strapping cost 8 Cartage 9 Freight to seboard cost: $6 per 1000; Type of carrier: rail 10 Unloading charges 11 Terminal charges 12 Long-load or heavy loading charges 13 Consular documents charges 14 Other charges (cable, phone) 15 Ocean freight cost 16 Forwarding agent's fee 17 Export credit insurance at 1% 18 Financing charges for credit sales

Cost

Total $ Insurance 19 Marine insurance (add 10% to total cost of cost and freight) 20 Type of insurance--all risk: Rate 1.0%

$ $ $