He dollar amount of duty per sweater pay at entry


Problem: You are importing cotton sweaters from Hong Kong at a CPT New York price of $20.00 per sweater. The sweater has a zipper down the middle of the sweater which you purchased from YKK in Japan at a cost of $2.00 per zipper. Prior to shipment, the seller paid you for the zippers. The cost of air freight was $1.00 per sweater. Insurance was $.50 per sweater. The rate of duty on cotton sweaters is 20%. The dollar amount of duty per sweater that you will pay at time of entry is:

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