Reference price FOB determination gross weight/net weight?
Hi, I'm currently studying for an exam and I'm stuck.
I'm stuck calculating the net weight. Perhaps you can help me. Here are the details:
80 crates of oranges.
Gross weight: 2880 kg. Tare: 6 kg per box, at 85 EUR for 100 kg net.
It's about the FOB price, but I'm having trouble determining the net weight.
How exactly do I calculate all of this?
Tara is the packaging weight, ergo:
2280kg – 80x6kg = net weight
PS: What is FOB?