"How to carry out costing
in your local currency
convert to foreign currency for
export pricing of your products?"
Summary of Export Price Costing
"...make a product price
more attractive to foreign buyer, by quoting FOB price and a named foreign port
Here are some basic example of how costing can be done in local Malaysian currency and thereafter, can be easily converted to foreign currency for export pricing of product.
Determine Product Cost -- in your local currency.
Determine Factory Sales Price
-- in your local currency.
Determine Shipping/Export Cost -- in your local currency.
4.Total the above
1, 2, 3 costing
and convert into foreign current to
arrive at your export
price in foreign currency.