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Student Name (Printed):___All prices include Sales Tax202425 Mesquite High School Might Maroon Band Fee Worksheet for Woodwinds, Brass, Percussion We only accept cash, money orders, debit cards and
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01
Gather all products or services you need to price.
02
Determine the cost price for each item.
03
Calculate the desired profit margin for each product.
04
Add the profit margin to the cost price to find the selling price.
05
Research local sales tax rates and determine if they apply.
06
Include any applicable sales tax in the final price.
07
Create a pricing chart that lists all items with corresponding prices including sales.

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Retail businesses needing to set final prices for products.
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All prices include sales refers to the total price of a product or service that includes sales tax and any other applicable fees.
Businesses that sell taxable goods or services are required to file all prices that include sales.
To fill out all prices include sales, businesses should ensure that their total price reflects the sales tax, involves proper calculations, and is reported in the required formats.
The purpose is to provide transparency to consumers regarding the total cost of a purchase, including taxes and fees.
Information that must be reported includes the item price, sales tax amount, total price paid by the consumer, and the details of the seller.
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