Quiz-Module-11-Costing

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Centennial College *

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702

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Accounting

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Feb 20, 2024

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docx

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Marine shipment is quoted at $15 W/M weight is 2,428 pounds dimensions are 8' long, 10' wide, 4' high What would be the charge for this shipment? Question 1 options: $18.43 $154.11 $16.52 $135.93 Question 2 (2 points) Saved Listen An air shipment has 50 boxes, each weighing 10kg and each has a dimension of 30cm x 1m x 15cm. If the rate is CAD $0.90 per kilogram ffrom Toronto to Tokyo, what is the freight cost? Note: 100 cm = 1 meter 1kg = 6,000cm2 Question 2 options: CAD $500.00 CAD 375.00 US $45.00 CAD $450.00 US $450.00 Question 3 (2 points) Saved Listen What factor most influences the price quoted to China?
Question 3 options: Routing Packaging costs The chargeable weight The documentation complexity Question 4 (2 points) Saved Listen The air ship rate is $1.22 per Kg for shipments weighing less than 100 Kg and $1.15 per Kg for shipments weighing 100 Kg. or more. A shipment weighs 96 Kg and has dimensions in centimeters of 142cm long by 84cm high by 54cm wide. What would be the cost to ship it by air?  Question 4 options: $117.12 $131.76 $123.63 $115.00 Question 5 (2 points) Saved Listen You have received quotes from two different companies for a marine shipment that weighs 6,981 pounds and with dimensions of 6' long, 5' wide, 4' high.  As a shipper, what would you pay for this shipment aiming for the lowest cost? QUOTE A: $46 W/M, pickup and delivery included QUOTE B: $40 W/M, with additional charges of: Pickup - $35  Delivery - $30 Question 5 options: $200.93
$189.66  $156.31 $143.36  Question 6 (1 point) Saved Listen Name the three areas that are vital to the financial success of the international freight forwarder. Question 6 options: Costing, quoting and invoicing Costing, quoting and securing Quoting, securing and invoicing Costing, invoicing and booking Question 7 (1 point) Saved Listen Would activities, such as preparing of documents, consulting or packaging help a freight forwarder increase his revenue? Question 7 options: Yes No Question 8 (1 point) Saved Listen Why is consolidation so important to a freight forwarder? Question 8 options: They can get lower rates from the carrier when grouping shipments They get more business volume  They charge customers a higher rate
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