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Calculating an EX WORKS price Production costs Raw material and component costs (including delivery charges) Labour costs packaging and labelling costs Factory overhead (including rates and taxes, lights and water, etc.) Administrative costs (including office administration, IT systems, insurance, etc.) Production finance charges Total cost of production Foreign research, promotion and sales costs Travel and accommodation costs Research costs (desk and in-house research costs, including research agency costs) Communication costs (faxes, telephone calls, etc.) Translation of advertising material, catalogues, etc. Agency marketing costs and other professional fees Total cost of foreign research, promotion and sales Preparation for shipping costs Bulk packing, crating and labeling Marking of crates and containers Strapping or wrapping of crates and pallets Documentation costs Total shipping preparation costs Total Ex-Works cost of product Add Export financing costs and profit mark-up QUOTE FOR EX WORKS PRICE Calculating a FOB price Total Ex-Works cost of product Inland freight costs Freight forwarder's fees Documentation costs Factory loading costs Local inland freight Unloading charges Storage charges Wharfage costs Total inland freight costs Total FOB cost of product Add Export financing costs and profit mark-up QUOTE FOR FOB PRICE