Landed Cost Calculation: d. Assumptions: i. 1x 40 GP Container holds 4,210 Widgets ii. The FOB per unit cost is $11.23/Widget iii. The Total Freight cost is $4,222.00. iv. The Duty Rate is 7.5%. The Merchandise Processing Fee is .003464 x FOB Value and the Harbor Maintenance is .00125 x FOB Value. V. Royalties are $1.25 per Widget vi. The total agency fee is 3% the Total FOB cost. Using all of this information, complete the below: Total Widget Costs (based on 1 x 40 GP Container) Widget Cost Per Unit FOB Price Total Duty Freight Royalties Agency Feel Total Landed Cost Questions about Landed Cost: Why is it important? What does it mean if the landed cost is more than the Standard Cost (per unit) established by Finance? What does it mean if the landed cost is less than the Standard Cost (per unit) established by Finance