Calculate the CIF price of the following commodity taking into consideration of the following costs: (Assume the exhcange rate is USD1.00=RMB7.50)
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Commodity : Doll
Packing : 12 dolls per carton
Measurement per carton : 65cm x 49cm x 52cm
Gross weitht per carton : 21.8Kgs,
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EXW price-----------------------------------USD3.60
Inland transportation cost from factory to loading port (per carton)------RMB7.50
Freight rate per CBM----------------------USD128.00
Freight rate per metric ton----------------USD68.00
Marine insurance---------------------------2%
Export profit--------------------------------10%