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Contract AdminPreconstructionmedium27% of exam part

A material-only quote is $142,800 before tax. The estimate carries 7% sales tax. What taxed amount should be used?

Correct Answer

B) $152,796

Apply the tax rate to material cost.

Answer Options
A
$132,804
B
$152,796
C
$149,940
D
$156,996

Why This Is the Correct Answer

Apply the tax rate to material cost.

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