Question: Can you also explain how you got the answer please? Terms of sale are CIF Shanghai. What costs are incurred over sale price of goods?

Can you also explain how you got the answer please?

Terms of sale are CIF Shanghai. What costs are incurred over sale price of goods? Costs: Boise door to Seattle port: 125.00 Export clearance: 45.00 Ocean freight SEA to SHA: 450.00 Marine insurance: 45.00 Chinese Customs clearance: 85.00 Delivery SHA port to buyer's door: 75.00 Duties and VAT: $850.00 O 740.00 825.00 O $665.00 O 580.00

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