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An appliance allowance is $6,500. The owner selects appliances costing $7,240 with no markup on allowance overages. What adjustment is needed?

Correct Answer

C) $740 increase.

The selected appliances exceed the allowance by $740.

Answer Options
A
$500 credit.
B
$650 increase.
C
$740 increase.
D
$1,240 increase.

Why This Is the Correct Answer

The selected appliances exceed the allowance by $740.

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