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Q.What is included in F.O.B Price?

Manipur CohsemCOHSEM Manipur Higher Secondary 1st Year (Commerce) 2022Subjective· 1mImportance★★★★★est
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F.O.B. (Free on Board) price covers all seller's costs up to loading the goods onto the ship.

  • It includes the cost of the goods themselves.
  • It includes packing costs and transportation charges from the seller's premises to the port of shipment.
  • It includes loading charges for putting the goods on board the vessel at the port.
  • It does not include ocean freight or marine insurance from that point onward — those costs pass to the buyer once the goods are loaded on board. …

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