ABC Inc., purchases 10,000 glass vases from Overseas Trading Company. The wholesale price charged by overseas trading Company is $3 per vase with the following volume discounts. What is the transaction value for the vases? 1 – 1,000 vases: full price 1,001 – 5,000 vases: 5 % discount 5,001 – 15,000 vases: 10% discount 15,001 – 25,000 vases: 15% discount
A) 30000
B) 29700
C) 27000
D) 26730
E) 26700
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The Answer is: C
Citation: 19 CFR 152.103(a)(l), 19 CFR 152.103(a)(4)
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