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Worksheets

CV and DV

Total questions: 10

Worksheet time: 30mins

Name
Class
Date
1.

  EXW = $40,000

Loading to collecting vehicle = $650

Pre-Carriage form carrier’s warehouse to Port of Origin - $1,000

Find FCA

a)

$41,650

b)

$40,650

c)

$1,650

d)

$40,000

2.

  FOB = $75,000

O/C is 90% lower than FOB

Royalty = $500

Find EXW

a)

$67,500

b)

$83,333.33

c)

$75,500

d)

$74,500

3.

Dangerous Cargo

FOB = $87,650

INS = $3,000

FRT/INVOICE = $5,540

FRT/BL = 5,550

E/R: PHP 55.10/USD 1

Find CIF

a)

$96,190

b)

$ 96,200

c)

$96,696

d)

$96,706

4.

General Cargo

FOB = $100,000

Loading to collecting vehicle - $250

Internal Insurance - $800

Terminal Handling Charges - $1,000

Loading to Vessel - $1,250

On-Carriage - $250

Marine Insurance - $2,000

Find EXW

a)

$96,700

b)

$94,450

c)

$97,500

d)

$95,500

5.

DDP - $498,442.56

Export Clearance - $250

Loading to Vessel - $4,050

Unloading from Vessel – PHP 220,000   

Import Clearance – PHP 8,250    

Import Duties and Taxes – PHP 27,500

Unloading to buyer’s warehouse – PHP 10,000

FRT - $15,000

E/R: PHP 55/USD 1

Find CFR

a)

$493,792.56

b)

$479,142.56

c)

$217,692.56

d)

$494,142.56

6.

General Cargo

EXW = $25,000

O/C - $2,500

INS - $545 (without cert and OR)

FRT - $3,000

Find DV in dollars

a)

$31,050

b)

$31,045

c)

$31,600

d)

$31,500

7.

Dangerous Cargo

FOB - $49,000

FRT/BL - $5,000

FRT/INV - $5,100

Royalty - $500

Find DV in Dollars

a)

$55,580

b)

$56,060

c)

$56,560

d)

$54,750

8.

  Importation of Imitation Jewelry

INS – $500

FRT - $7,500

DV in Dollars

a)

$33,000

b)

$20,500

c)

$12,500

d)

$8,010

9.

DPU - $50,000

Import Clearance - $150

Import Duties and Taxes - $500

Unloading to Buyer’s Warehouse - $250

Unloading from Vessel - $300

Inland frt port of destination to buyer’s warehouse - $350

Marine Insurance - $1,890

FRT – 5% of FOB

Find DV in Dollars

a)

$44,100

b)

$50,990

c)

$50,778

d)

$48,750

10.

  Importer: National Food Authority

EXW - $100,000

O/C – 10% of EXW

FRT - $5,000

INS - $2,500 with cert and o/r

DV in Dollar

a)

$124,000

b)

$107,500

c)

$125,900

d)

$126,000