Canada Goose exporting to China Himanshu Puri (000361959)
Paramjeet Saini (000360787) Ritika Sharma (000360793) Qiayizha Gulimina(000361473)
Financial Plan
Analysis
• Breakeven – how many units of your product must be sold to cover fixed costs
This is a reality check. If the number of units is very high, then may need to review costs.
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Answer : As we assume that fixed cost of the company will be $300,000 So, In order to get breakeven point company has be implement formula as below:
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Where; Fixed cost for the company is $300,000
Selling cost –$513080 & COGS will be 256540 …show more content…
That is, Patent Act, Trademark Act, Copyright Act, Industrial Design Act Integrated Circuit topography Act and Plant Breeders Right Act (osleer 2013)
Canadian International Trade Tribunal Act. This act is establishing the Canadian International Trade Tribunal and to modify or use other acts together.
The implementation of new Canada Consumer Product Safety Act makes sure the product safety for business and consumers.
Legal system and import policies in China
China has four different levels of standard to protect human health, personal property and safety, which are National Standards, Professional Standards, Local Standards, Enterprise Standards
China Compulsory Certification (CCC Mark)
This CCC safety license requirement regulated by government of China asks manufactures to obtain the CCC mark before exporting to or selling products covered in the CCC catalogue in China. It is implemented on May 1,2002 and released on May1,2003.If products do not meet the CCC requirements may be held by Chinese Customs and be asked
Paramjeet Saini (000360787) Ritika Sharma (000360793) Qiayizha Gulimina(000361473)
Financial Plan
Analysis
• Breakeven – how many units of your product must be sold to cover fixed costs
This is a reality check. If the number of units is very high, then may need to review costs.
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Answer : As we assume that fixed cost of the company will be $300,000 So, In order to get breakeven point company has be implement formula as below:
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Where; Fixed cost for the company is $300,000
Selling cost –$513080 & COGS will be 256540 …show more content…
That is, Patent Act, Trademark Act, Copyright Act, Industrial Design Act Integrated Circuit topography Act and Plant Breeders Right Act (osleer 2013)
Canadian International Trade Tribunal Act. This act is establishing the Canadian International Trade Tribunal and to modify or use other acts together.
The implementation of new Canada Consumer Product Safety Act makes sure the product safety for business and consumers.
Legal system and import policies in China
China has four different levels of standard to protect human health, personal property and safety, which are National Standards, Professional Standards, Local Standards, Enterprise Standards
China Compulsory Certification (CCC Mark)
This CCC safety license requirement regulated by government of China asks manufactures to obtain the CCC mark before exporting to or selling products covered in the CCC catalogue in China. It is implemented on May 1,2002 and released on May1,2003.If products do not meet the CCC requirements may be held by Chinese Customs and be asked