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A material-only supplier quote is $86,400 before sales tax. If the estimate carries 6.5% tax, what taxed material amount should be used?

Correct Answer

C) $92,016

Add the tax allowance to the quoted material amount.

Answer Options
A
$80,784
B
$88,560
C
$92,016
D
$94,224

Why This Is the Correct Answer

Add the tax allowance to the quoted material amount.

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