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Querrey Incorporated and Ronno Incorporated conduct business in a foreign country that imposes a 3 percent VAT. Querrey produces entertainment videos at a ( $

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Querrey Incorporated and Ronno Incorporated conduct business in a foreign country that imposes a 3 percent VAT. Querrey produces entertainment videos at a \\( \\$ 6.4 \\) material cost per unit and sells the videos to Ronno for \\( \\$ 8.9 \\) per unit. Ronno sells the videos at retail for \\( \\$ 9.9 \\) per unit. This year, the combined efforts of Querrey and Ronno resulted in salos of 9.6 million videos to the public. Required: Compute the VAT for each corporation. Note: Enter your answers in dollars not in millions of dollars

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